Tag: DraftKings
Wisconsin: DraftKings, Lac du Flambeau Band of Lake Superior Chippewa Indians, reach agreement
DraftKings and Lac du Flambeau Band of Lake Superior Chippewa Indians reached an agreement which grants the operator market access to begin... more
Gold Strike partners with DraftKings
Gold Strike Casino Resort in Tunica, Mississippi, has rebranded its sportsbook under the DraftKings banner. The news was announced... more
Ontario: EveryMatrix goes live with DraftKings
DraftKings and EveryMatrix have joined forces in another licensed jurisdiction with the announcement that EveryMatrix casino content is now... more
Wall Street reacts to DraftKings’s retreat from winning-bet surcharges
Shares of DraftKings rebounded on Wall Street on Wednesday morning, spiking as high as $33.50 per share in early trading. The recovery... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more
Wall Street Bets: Analysts take on Golden Entertainment, Penn results, DraftKings surcharge
Golden Entertainment prospects B Riley Securities analyst David Bain commented on Golden Entertainment, writing that “Following a... more
Investors largely frown on a DraftKings surcharge
Sixty percent of investors surveyed by Jefferies Equity Research disapprove of DraftKings’s newly announced (but not yet implemented)... more
Wall Street Bets: Analysts take on DraftKings surcharge, AGS price target, Macau
DraftKings surcharge DraftKings’ announcement it was going to charge a surcharge on certain wagers attracted the attention of Wall Street.... more
DraftKings gambles that bettors won’t mind surcharge
DraftKings is wagering that bettors won’t mind sharing its tax burden. During Friday’s 2Q24 earnings call, DraftKings CEO and Co-founder... more
DraftKings to repurchase stock after quarterly increase in revenue
DraftKings Thursday reported revenue of $1.104 billion in 2Q24, an increase of $230 million, or 26%, compared to $875 million year over... more


