Tag: DraftKings
DraftKings to pay $3M back to Connecticut customers in settlement over deposit bonuses
DraftKings will pay $3 million back to customers in Connecticut after an investigation from the state’s Department of Consumer Protection... more
Higher taxes to crimp DraftKings earnings but not Rush Street’s, analyst says
New, state-level tax increases and the cost of entering the prediction markets will be a squeeze on DraftKings’ revenue in the near... more
DraftKings launches new responsible gambling tool
DraftKings has debuted a new responsible gaming tool that helps users set limits and reminders for their betting. The tool, dubbed My... more
Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB
Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
Delta Airlines surveying passengers about bringing sports gambling onboard
Delta Air Lines CEO Ed Bastian announced a partnership with DraftKings at his CES speech in Las Vegas back in January. Since inflight... more
DraftKings launching PAC
DraftKings, a sports betting company, said Wednesday it filed with the Federal Election Commission (FEC) to create a corporate political... more
Missouri: First two sports betting applications filed
DraftKings and Underdog are the first two operators to turn in their Missouri sports betting applications. A Missouri Gaming Commission... more
Illinois: DraftKings imposes betting levy
Following the example of FanDuel this week, DraftKings says it will levy a US$0.50 surcharge on bets placed in the Illinois. In-person... more
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