Business
July 28, 2020
DraftKings Becomes the PGA TOUR Official Betting Operator
DraftKings and the PGA TOUR have officially expanded on their multi-year exclusive arrangement, an announcement by the daily fantasy and sports book provider outlined. The content and marketing deal signed in 2019 that made DraftKings the first Official Daily Fantasy Game of the PGA TOUR now expands into the sports betting sphere by designating the […]
Business
July 26, 2020
DraftKings and Kambi Partnership Terminates September 2021
Boston-based daily fantasy and sports book operator DraftKings announced it reached an agreement with Kambi Group for the mutual support and cooperation on the DraftKings’ migration from Kambi’s back-end platform services to the SBTech sports betting and iGaming platform. Contract Termination Date Agreed As part of the agreement, the contract between DraftKings and its previous […]
Business
July 15, 2020
DraftKings’ Standalone Casino App Launched in Pennsylvania
Daily fantasy and sports book provider DraftKings announced Tuesday it launched the standalone version of its online casino app in Pennsylvania. Before the launch, DraftKings’ online casino was present in the state, being embedded in the DraftKings Sportsbook app which launched in the spring. DraftKings standalone casino app presence in Pennsylvania makes the Keystone State […]
Business
July 9, 2020
DraftKings’ Retail Sportsbook Opens at Mardi Gras Casino
DraftKings announced today it will open a retail sportsbook in Colorado Friday, July 10, a temporary facility in the Mardi Gras Casino in Black Hawk. The temporary location will be on the first floor of the casino and will feature 8 self-service betting kiosks, a cashier window, and several large flat screened TVs spread throughout […]
Business
July 1, 2020
DraftKings Enters Illinois, Bad Actor Clause Worked Around
DraftKings is entering the Illinois sports betting market, an SEC filing by the daily fantasy and sports book operator showed. Despite the provision in the law legalizing sports betting in the state against online-only sports book companies to stop them from entering the market for 18 months, the Boston-based operator found a work-around, through a […]
Casino
June 24, 2020
DraftKings Launches Stand-Alone Casino App in New Jersey
Boston-based daily fantasy and sports book operator DraftKings announced it launched a stand-alone casino app in New Jersey. The company which recently completed a three-way merger with technology provider SBTech started leveraging its in-house technology to develop its new casino app and create a more holistic product suite paired with dynamic experience for gamers. The […]
Business
June 17, 2020
DraftKings and BetMakers Each Raise Funds to Continue with US Push
Sports betting platforms DraftKings and BetMakers are continuing their expansion in the US by offering new shares to raise additional capital. Some 33 Million Shares to Be Sold by DraftKings as Companies Aim at US Expansion Announced yesterday, June 16, the sports betting operator DraftKings shared its intention to initiate a public offering, launching 33 […]
Legal
June 8, 2020
Iowa Approves Betting on Esports Contests, DraftKings’ Wish Granted
The Iowa Racing and Gaming Commission (IRGC) voted unanimously for the approval of betting on esports in the state, but only through contests. The regulator granted the request from DraftKings to allow state residents to participate in the daily fantasy esports competitions via its website. IRGC Approved Esports Contests During the meeting at Grand Falls […]
Business
June 4, 2020
DraftKings Enters Michigan Partnering with Bay Mills Casino
Daily fantasy and sports book operator DraftKings announced today it entered into a partnership deal with Bay Mills Resort & Casino, to bring its mobile sports book app to sports fans across Michigan. Subject to the receipt of all applicable licenses and approvals, the Wolverine State is about to become the 8th, featuring the presence […]
Legal
May 26, 2020
DraftKings Seeking Early Entry to the Illinois Sports Betting Market
DraftKings is actively exploring ways to go around the time-out period legislators in Illinois imposed on it last year, when state legislature passed SB690 to legalize sports betting. An update on the website of the Illinois Gaming Board, the state gambling regulator, shows a certain company, Crown IL Gaming LLC, owned by Boston-based DraftKings, has […]