Tag: DraftKings
New Jersey fines DraftKings $32K for taking bets on sporting events that already happened
New Jersey gambling regulators have fined DraftKings $32,500 for violations including taking bets on sporting events that had already ended... more
DraftKings broker application approved, moves closer to prediction market launch
DraftKings has received approval from the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) to act as... more
Wall Street Bets: Gaming industry outlook, Macau, Genius Sports, online operators
Gaming industry trends Truist Securities’ Barry Jonas on November 24 commented on his company’s recent GLL Summit. “Prediction... more
St. Louis Blues partner with DraftKings ahead of Missouri sports betting launch
The NHL’s St. Louis Blues have made DraftKings an official partner of the team. The announcement comes ahead of Missouri’s December 1... more
DraftKings opens sportsbook at Foxwoods El San Juan Casino in Puerto Rico
DraftKings, the Mashantucket Pequot Tribal Nation, and hospitality investment firm LionGrove recently opened a DraftKings retail sportsbook... more
DraftKings, FanDuel resign from American Gaming Association over prediction markets
After a discussion about how prediction markets fit into the legal sports betting landscape at the American Gaming Association’s (AGA)... more
FanDuel abandons Nevada licensing as it launches sports betting prediction markets app
FanDuel, which along with casino operators has been warned by Nevada gaming regulators to abstain from prediction markets or risk their... more
Wall Street Bets: DraftKings, Golden Entertainment, Penn, Red Rock Resorts, Caesars, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings lowers guidance Barry Jonas of... more
DraftKings earnings call focuses on prediction markets and how new partnership with ESPN can be leveraged
DraftKings and ESPN on Thursday announced a partnership that will make DraftKings the sole official sportsbook and odds provider for ESPN,... more
DraftKings reports revenue of US$1.1 billion in third quarter
DraftKings on Thursday reported revenue of US$1.1 billion for the third quarter, an increase of US$49 million, or 4%, compared to US$1.1... more
