DraftKings
DraftKings cuts Q3 losses, but shares plummet as 2023 projections spook market
DraftKings reported a 135.8% revenue increase to $501.9m and reduced losses in Q3, but projections for 2023 have led to its share price tumbling. As…
DraftKings shares rocket after reported “large new partnership” with ESPN
US-based sports betting operator DraftKings’ shares rose 14% to $18.26 in after-hours trading following report of “large new partnership” with Disney’s sports broadcasting arm ESPN.…
Amazon to promote DraftKings odds during Thursday Night Football broadcasts
Amazon has selected DraftKings as its sponsor and in-game odds partner for Thursday Night Football (TNF), a live NFL broadcast streamed on Amazon streaming service…
Celebrities to feature in DraftKings’ new responsible gambling campaign
DraftKings has launched a new responsible gambling campaign featuring skateboarding legend Tony Hawk and WWE professional wrestler The Miz. Produced by DraftKings’ creative and media…
Licensed sportsbooks prepare for Kansas launch
North American gambling giant DraftKings has confirmed it will launch in Kansas tomorrow (1 Sep) – the opening day of legal sportsbook operations in the…
Oregon sports betting revenue and handle both up in July
Sports betting gross gaming revenue and handle in Oregon both increased year-on-year in July, according to the latest figures published by the Oregon Lottery. Consumers…
DraftKings’ Robins urges lower expectations for Canada
Jason Robins, co-founder, chairman and CEO of DraftKings, said that the operator’s launch in Canada has gone “as expected”, as the business had lower expectations…
DraftKings reduces loss for first time in Q2
DraftKings has raised its earnings guidance for the year after its net loss declined on a year-on-year basis for the first time since going public,…
DraftKings files patent for new game development arm
Fantasy sports and betting business DraftKings has a filed a patent application for a new game development corporation named Black Throne Studios. The corporation is…
Connecticut online casino revenue dips in June
Gross gaming revenue (GGR) for online casino in Connecticut came to $16.2m (£13.5m/€15.8m) in June. Before promotions were deducted, the revenue was $20.9m. Online casino…
DraftKings launches new igaming products in West Virginia
DraftKings launched a new set of igaming products in West Virginia today (June 24), including roulette, baccarat and infinite blackjack. These new online games are…
New Yorkers using multiple mobile betting apps, research suggests
Mobile sports betting players in New York use an average of 3.3 apps to place bets, suggesting a lack of operator loyalty, according to research…
New Hampshire sportsbook market rebounds in March
New Hampshire’s sports betting market has bounced back from its post-Super Bowl dip, with handle for March growing to $78.8m and revenue rising to $2.5m. …
Oregon online sports betting handle reaches $39.5m in February
Players in Oregon wagered $39.5m on sports online during February, while gross gaming revenue from sports betting reached $3.3m for the month. The amount spent…