Legal
December 22, 2020
IGB Launches Disciplinary Case against Accel Entertainment
One of the largest video gambling operators in the US, Accel Entertainment, is facing a $5 million levy from the Illinois Gaming Board (IGB) for allegedly violating the regulator’s inducement rules. Commissions for Business Owners The 8-page complaint against the operator alleges Accel entered into a deal with sports betting brand DraftKings to use commissions […]
Industry
December 18, 2020
Illinois Reports Record Sports Betting Handle of $434 Million in October
Illinois’ sports betting handle is growing rapidly and is now the fourth-largest market in the US, despite the negative effects of the Covid-19 pandemic. Illinois Accounts for 13% of the Total Handle in the US Illinois sports betting reported another month of growth with October’s handle increasing by 43% month-on-month to the record $434 million. […]
Business
December 17, 2020
DraftKings Launches Industry-First Retail Gift Card with InComm
Joining forces, DraftKings and InComm Payments launch a retail gift card. The industry-first gift card will expand DraftKings reach with both physical distributions in retail stores and brand presence. The new gift card will be available in popular convenience stores such as Speedway, 7-Eleven, Dollar General, and Sheetz. DraftKings and InComm Ink Agreement to Launch […]
Business
December 11, 2020
DraftKings CEO Expects “Hyper Growth” if More States Legalize Sports Betting in 2021
DraftKings CEO Jason Robins said that the legalization and regulation of sports betting in US states would take the company to “hyper growth” in 2021. Q3 Revenue Jumps by 98% Year on Year The adoption of sports betting legislation and regulation by US states would bring DraftKings from “high growth to hyper growth,” the operator’s […]
Business
December 10, 2020
DraftKings and Nashville Predators Sign Multi-Year Partnership
Boston-based gaming operator DraftKings continues to expand its partnerships across sports leagues, with their latest partner being the Nashville Predators from the National Hockey League (NHL). The operator and the NHL franchise from Tennessee announced today they signed a new multi-year deal to make DraftKings the Official Daily Fantasy Sports Provider and an Official Sports […]
Sports
December 7, 2020
DraftKings Becomes First-Ever DFS Partner for Foxwoods Casino
Boston-based daily fantasy and sportsbook operator DraftKings teamed up with the Mashantucket Pequot Tribal Nation to provide online sports betting in Connecticut, subject to legislative and regulatory approvals, the online gaming operator, and the tribe announced today. “This is a landmark deal in collaboration with the Mashantucket Pequot Tribal Nation as well as a critical […]
Sports
November 30, 2020
DraftKings Inks Partnership with Detroit Pistons
NBA team, Detroit Pistons inked a partnership with the sports betting operator DraftKings today. Under the agreement, DraftKings became an official sports betting partner of the Pistons. Detroit Pistons and DraftKings Ink A Partnership Deal DraftKings, the daily fantasy and sports betting operator has announced a new partnership with the NBA franchise Detroit Pistons today. […]
Sports
November 26, 2020
DraftKings Becomes Official Betting Partner for Tyson-Jones Boxing Event
DraftKings, the daily fantasy and sports betting operator which is never shy of sponsoring sporting teams and events, announced Wednesday it has become the “Official Sports Betting Partner” for the big boxing match between former undisputed heavyweight world champion Mike Tyson and former four-division world champion Roy Jones Jr. 4 Hours of Boxing The boxing […]
Business
November 7, 2020
DraftKings Denied Verbal Authorization for Proxy Betting
Boston-based daily fantasy sports (DFS) and sports betting operator DraftKings responded to reports related to a recent case of proxy betting. A spokesperson for the operator denied claims DraftKings director of sports book Johnny Avello had some kind of a verbal agreement with the Florida resident to engage in proxy betting. $3 Million Parlay Bets […]
Business
November 4, 2020
Maryland, South Dakota and Louisiana Approve Ballot Measures
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]