Tag: DraftKings
DraftKings, Flutter shares fall further amid new prediction market entrants, unfavorable NFL results
A mix of prediction market news, an NBA gambling scandal, and bettor-friendly NFL results combined to further batter shares in the two... more
DraftKings buys CFTC-registered prediction market Railbird, signaling entry into event contracts
DraftKings has acquired CFTC-registered prediction market Railbird, following months of speculation about the sports betting giant’s... more
Wall Street Bets: G2E takeaways, DraftKings
G2E reflections Barry Jonas of Truist Securities, in an October 10 note, reviewed findings from last week’s Global Gaming Expo in... more
Analyst sticks by DraftKings, despite dip
Evidently unconcerned by record levels of Kalshi trading volume around a Monday Night Football doubleheader, one analyst was placing a... more
Kalshi rolls out same-game parlays, DraftKings and FanDuel shares plunge
Kalshi’s new same-game parlays may have brought in less than $2,000 in fees for the prediction market on their first day of trading, but... more
DraftKings and NBCUniversal strike multi-year sports advertising deal
DraftKings has signed a multi-year agreement to become NBCUniversal’s exclusive sports betting and gaming sponsor across the... more
DraftKings faces lawsuit over failure to design gambling website for disabilities
Owners of the sports betting site DraftKings face a class action lawsuit filed by a visually impaired man who says the website lacks the... more
Wall Street Bets: NFL wagering, possible NY casino sites, Las Vegas Strip, DraftKings
NFL wagering results positive Macquarie’s Chad Beynon on September 24 looked at the landscape of NFL wagering. “With NFL hold rates... more
Iowa man asks for judge’s decision in $14 million DraftKings lawsuit
Nicholas Bavas, the Iowa man suing DraftKings for canceling wagers he claims would have paid out US$14 million, has asked a judge to make a... more
New Jersey trial a win-win for DraftKings, FanDuel, Jefferies analyst say
Whatever the outcome of a trial in New Jersey, its result favors both DraftKings and FanDuel parent Flutter Entertainment, Jefferies Equity... more
