Industry
March 7, 2023
DraftKings Poised to Deliver a Successful Massachusetts Launch
An official press release revealed DraftKings’ plans for the 10 March Massachusetts online sports betting launch. The operator will utilize the next few days to the maximum, focusing on raising awareness of its imminent arrival in the Bay State via commercials and promotional events. Entering a new jurisdiction marks a significant milestone in DraftKings’ expansion […]
Business
February 17, 2023
DraftKings CEO Hails Strong 2022 and Predicts Stronger 2023
In a letter to DraftKings’ shareholders, the CEO and co-founder acknowledged that the company enjoyed a stellar 2022. He pointed out that for the fiscal year 2022, DraftKings’ revenue hit $2.2 billion. This result represented a significant 73% year-over-year increase. What’s more, the revenue result even surpassed the expectations of $1.85 billion to $2 billion […]
Casino
February 6, 2023
PlayAGS to Deliver High-Performing Slots for DraftKings
Supplier of online casino content PlayAGS announced another game content partnership with a high-profile US gaming operator, DraftKings, to continue to expand its presence in the North American iGaming market. Turbocharge DraftKings Casino’s Operations The new content deal with Boston-based DraftKings will see PlayAGS deliver a portfolio of over 20 proprietary slot titles to help […]
Business
February 2, 2023
DraftKings Lays Off 3.5% of Its Global Workforce
DraftKings has joined FedEx and Rivian Automotive in announcing job cuts, aligning with a growing trend among US corporations. The company announced the move aims to boost efficiency and will affect about 140 jobs. A Major Portion of the Job Cuts Are in Europe, Asia, and the Middle East The majority of the impacted positions […]
Industry
February 1, 2023
FanDuel and DraftKings Call for Lower Tax Rates on GGR in New York
The Auburn Citizen reported that at a recent legislative hearing the CEOs of the two operators, have urged lawmakers to reduce the 51% tax on gross gaming revenue (GGR) as it is the highest among states that have legalized mobile sports betting. DraftKings and FanDuel Warn of 10-20% Drop in Sports Betting Handle In the […]
Industry
January 31, 2023
Bragg Gaming Group Powers DraftKings NJ with Content
Bragg Gaming Group, a content-driven iGaming technology provider, announced the launch of its content and technology in the state of New Jersey through its agreement with the gambling giant DraftKings. Bragg Gaming Supplies DraftKings’ NJ Operations with Games As agreed by the two companies, Bragg will roll out some of its best gambling titles in […]
Industry
January 26, 2023
DraftKings Boosts Responsible Gaming Efforts via Gamres Deal
Announced Wednesday, the new deal will see DraftKings deliver Gamres’ Positive Play Scale for a number of its US customers. The Positive Play Scale is the first-of-its-kind standardized scale that can measure RG behaviors and beliefs among online customers. This collaboration further boosts DraftKings’ RG plan and efforts toward safer gambling. The Scale itself was […]
Sports
January 18, 2023
DraftKings to Withdraw DFS Offering from Four EU Markets
The US daily fantasy sports contest and sports betting company has made the decision to withdraw its daily fantasy sports (DFS) offering from four big markets on the European continent. The list includes Malta, Germany, Ireland, and Austria, where the company’s DFS operations will be officially shut down starting January 22. Customers Will Not Be […]
Industry
January 6, 2023
OCCC Slapped DraftKings, Caesars, BetMGM with $150K Fines
The Ohio Casino Control Commission (OCCC) slapped three sportsbooks with a $150,000 fine each for violating the advertising rules related to sports gambling to send a clear message to the industry that it needs to abide by the rules. Compliance to Be Enforced The state’s regulator took administrative action against BetMGM Sportsbook, Caesars Sportbook and […]
Business
January 3, 2023
Ohio Regulator Claims DraftKings Breached Advertising Rules
On Friday, the Ohio Casino Control Commission (OCCC), the regulatory body in charge of gambling activities in the state, announced that it plans to take administrative action against DraftKings. DraftKings May Be Subject to a $350K Fine The regulator claimed that the sports betting operator breached the state’s sports gaming advertising rules. A statement released […]
