Tag: DraftKings
DraftKings follows FanDuel’s lead with surcharge on Illinois-based wagers
DraftKings Thursday became the second mobile sportsbook that conducts wagering in Illinois to announce a surcharge on all accepted bets,... more
Illinois: Governor bets FanDuel, DraftKings won’t leave Illinois over hefty sports wagering tax hike
Illinois legislators have called the bluff of online sports betting companies that are suggesting they might reduce operations — or close... more
DraftKings won’t be taking over proposed Long Island casino project from Sands: sources
Online sportsbook DraftKings won’t be taking over Las Vegas Sands’ proposed casino project in Nassau County, after talks failed to... more
Pennsylvania men lost hundreds of thousands gambling on DraftKings. Now they’re suing.
Five Pennsylvania men are trying to launch a class action lawsuit against DraftKings, the online sports betting behemoth that they say used... more
SBC Summit Americas: Lori Kalani outlines ambitious responsible gambling agenda for DraftKings and beyond
DraftKings Chief Responsible Gaming Officer Lori Kalani has pledged to “work out of a job” as she strives to get 100% of the... more
Wall Street Bets: Golden Entertainment, DraftKings, Jefferies’ digital matrix, Inspired Entertainment, Penn
Golden Entertainment’s outlook David Bain of Texas Capital May 8 reviewed Golden Entertainment’s earnings call and results.... more
Despite ‘bad quarters,’ Draft Kings remains bullish about future
During Friday’s earnings call, DraftKings CEO and Co-Founder Jason Robins painted a mostly positive picture of the company’s finances.... more
DraftKings’ revenue rises 20% year-over-year in first quarter
DraftKings on Thursday reported first-quarter revenue of $1.409 billion, an increase of US$234 million, or 20%, compared to US$1.175... more
Five sue DraftKings, saying company exploited their gambling addictions
A South Whitehall Township man is among the plaintiffs in a class action lawsuit filed against DraftKings, accusing the company of... more
EDITORIAL: Baltimore’s good bet against problem gambling
Concerned about the proliferation of online betting and the rise in problem gambling across Britain, the country’s government launched a... more
