by Andy Faust | Jun 6, 2019 11:50 am | Sports Betting
The current DraftKings app may not be compliant with the Interstate Wire Act. DraftKings will have to move its “wallet server” from New Jersey to West Virginia. The necessary delay should take only a few weeks. CHARLESTON, W.V. –West Virginia’s rollout of mobile...
by Hasan Nabulsi | Jun 5, 2019 2:02 pm | Revenue
There are currently eight states with active sportsbooks and seven more states who may possibly launch sports betting operations this year. FanDuel was acquired by Paddy Power Betfair in July of 2018. William Hill plc., GVC Holdings, and Paddy Power Betfair all have...
by Andy Faust | May 24, 2019 1:47 pm | Sports Betting
The 30-second ad aired for less than a day before being voluntarily pulled. BetIllinois made the ad, which was backed by both DFS operators. The removal of the ad signifies that discussions are now underway in earnest. SPRINGFIELD, Ill. – Yesterday, FanDuel and...
by Andy Faust | May 23, 2019 12:06 pm | Sports Betting
DraftKings is slated to take its online betting product live within weeks. The Hollywood Casino at Charles Town Races has partnered with DraftKings for statewide mobile betting. With mobile wagering, WV should be able to at least double its current handle and revenue...
by Andy Faust | May 20, 2019 1:20 pm | Sports Betting
Disney now owns a stake in DraftKings, a major sportsbook and DFS operator. ESPN would be a logical beneficiary of the acquisition. Disney has not yet publicly commented on its investment in DraftKings. BURBANK, Calif. – Early on in the discussion of legalizing sports...
