DraftKings
Mainstream media’s big bet
Recent months have seen a wave of media outlets pairing up with betting operators, as the US becomes more familiar and comfortable with legal wagering,…
State of the Union: NJ, PA, Sands and more
This week’s State of the Union, in partnership with Segev LLP, covers another month of record figures from both Pennsylvania and New Jersey, as well…
DraftKings issued $5k Iowa penalty over self-exclusion issue
DraftKings has agreed to pay a $5,000 penalty to the Iowa Racing and Gaming Commission (IRGC) for a breach of self-exclusion rules. The stipulated agreement…
DraftKings lands betting deal with Turner Sports
Sports betting and daily fantasy sports (DFS) operator DraftKings has entered into a wide-ranging partnership with the Turner Sports arm of WarnerMedia. Under the agreement,…
Indiana sets records for handle and revenue in September
Indiana set records in betting handle and revenue in September, as the return of the NFL helped sportsbooks in the Hoosier state to their most…
DraftKings expands NetEnt partnership into PA and WV
NetEnt is to expand its partnership with DraftKings to cover the operator’s online casinos in Pennsylvania and West Virginia. The two will now collaborate in…
Iowa sportsbooks set handle record, bring in $5.2m in Sept
Iowa sports betting revenue grew to $5.2m in September as the state broke its record for amounts wagered in a month. The month marked the…
State of the Union: DraftKings, IL, Boyd and more
This week’s State of the Union, in partnership with Segev LLP, covers DraftKings’ efforts to raise $1.66bn, record sports betting figures for the US in…
DraftKings targets $1.66bn from share placement
DraftKings Inc is set to raise a further $600m from the new share placement announced earlier this week, after further details were released. The Boston-headquartered…
Rush Street maintains lead as Illinois betting revenue doubles
Casinos in Illinois took in $7.2m in revenue in August, up 99.6% from July, as players staked $140.1m, up 166.7%, with Rush Street Entertainment continuing…
Local operator Action247 receives Tennessee betting license
Tennessee-based Action247 has received a conditional license to operate sports betting in its home state from the Sports Wagering Committee of the Tennessee Education Lottery…
NH Lottery appoints first director of sports betting
The New Hampshire Lottery has appointed Daniel Maloney as its first director of sports betting, as it looks to manage the expansion of legal wagering…
DraftKings looks to raise $1bn in new funding round
Nasdaq-listed sports betting giant DraftKings is looking to raise $1.03bn through a new public offering of common stock. The US group – formed by the…
DraftKings signs Philadelphia Eagles as latest NFL partner
Sports betting and daily fantasy sports operator DraftKings has entered into a partnership with National Football League (NFL) franchise the Philadelphia Eagles. Under the multi-year…