DraftKings

9th April 2020

SBTech ordered to set aside $30m to settle cyberattack claims

The sellers of sports betting technology provider SBTech have been ordered to set aside $30m in cash and stock to settle any claims relating to…

19th March 2020

State of the Union: Covid-19, NJ, PA, DE, MS and more

This week’s State of the Union, in partnership with Segev LLP, focuses on the impact of the novel coronavirus (Covid-19) pandemic on the US gambling…

12th March 2020

Mounting costs lead DraftKings to 2019 loss

DraftKings’ revenue increased year-on-year for 2019 and but losses widened, as its merger with SBTech approaches, but the operator remains confident of seeing earnings exceed…

10th March 2020

Indiana sports betting market breaks handle record in February

Indiana’s regulated sports betting market reported a 9.6% month-on-month rise in handle in February, breaking the record set in January thanks largely to continued online…

24th February 2020

New Hampshire surpasses 1m sports bets in first six weeks

The New Hampshire Lottery has revealed that it processed more than one million sports bets during the first six weeks of regulated sports wagering in…

21st February 2020

Colorado approves first sports betting licences

Colorado’s gambling regulator, the Limited Gaming Control Commission, has approved seven licences and the state’s regulations for sports betting. The seven casinos to receive master…

20th February 2020

State of the Union: PA, MGM, Maine and more

This week’s State of the Union, in partnership with Segev LLP, covers a new record month for New Jersey sportsbooks and a major increase in…

20th February 2020

DraftKings launches mobile sportsbook in Iowa

DraftKings has extended its digital sports betting reach into Iowa by rolling out a mobile sportsbook offering, in partnership with Wild Rose Casinos and Resorts…

19th February 2020

Pennsylvania sports betting revenue soars in January

The Pennsylvania Gaming Control Board (PGCB) has reported a 16.9% year-on-year rise in gambling revenue for January, aided by growing contributions from igaming and sports…

14th February 2020

DraftKings signs trio of partnerships with NBA franchises

DraftKings has signed new partnership agreements with a trio of National Basketball Association (NBA) teams. The deals see it become a sports betting partner of the…

11th February 2020

IN sportsbooks post another record month for January

Indiana sportsbooks set new records in handle and revenue for January 2020, even as online betting revenue dipped. Sportsbooks in the Hoosier state took in…

10th February 2020

NY sportsbooks bounce back in January with $1.9m in revenue

Sports wagering revenue from New York’s four commercial casinos picked up significantly in January 2020, with revenue of $1.9M, more than double the record-low figure…

10th February 2020

NY appeals court rules DFS contests unconstitutional

A New York State appeals court has struck down a law allowing for daily fantasy sports in the state, ruling the games to be illegal…

6th February 2020

State of the Union: NH, NV, RI and more

This week’s State of the Union, in partnership with Segev LLP, covers the first full-month figures from New Hampshire, as well as the latest numbers…