Tag: DraftKings
Empire State sports betting win soars in January
Despite just a nine percent increase in money wagered, winnings by online sports books in New York state soared 42 percent last month. One... more
LeBron James joins DraftKings as talent ambassador
The King will soon be imparting his wisdom about sports. DraftKings Wednesday announced LeBron “King” James is joining the company as a... more
Analyst lowers DraftKings near term, likes long view
Luck was with sports bettors in November. This prompted J.P. Morgan analyst Joseph Greff to trim $79 million off his net-revenue projection... more
Written designation agreement with NASCAR gives DraftKings entry into North Carolina
DraftKings and NASCAR Friday announced a written designation agreement that will allow the digital sports entertainment and gaming company... more
Mississippi: Golden Nugget in Biloxi to open DraftKings Sportsbook
The Golden Nugget Casino Biloxi Tuesday announced the addition of a DraftKings Sportsbook scheduled to open in January 2024. Michael... more
Analyst raises DraftKings prospects
In a belated response to DraftKings’s Nov. 14 investor presentation, J.P. Morgan analyst Joseph Greff hiked his expectations and price... more
DraftKings investor day awes most, not all
Despite falling on the same day as the launch of ESPN Bet, DraftKings forged ahead with its Nov. 14 investor day “and the content didn’t... more
DraftKings engaged in talks to acquire 888 Holdings amid continued attempts at expansion
The Financial Times reports that DraftKings has engaged in discussions on the potential acquisition of 888 Holdings. The company trades in... more
DraftKings robust third quarter bodes well for future earnings
Front Office Sports recently reported that DraftKings has overtaken FanDuel for the highest market share of online gambling in the U.S. But... more
Analyst wild about DraftKings
In a major shift of position, J.P. Morgan analyst Joseph Greff went all in on DraftKings, raising his price target from $26 per share to... more
