Diamond Eagle Acquisition Corp., a special purpose acquisition company, is reportedly in advanced talks to buyout DraftKings. Rival daily fantasy sports and sports betting company, FanDuel, was bought out by U.K. firm Flutter last year. DraftKings and FanDuel tried to merge in 2016, though, pressure … Read more
DraftKings Pink ‘Em DFS contest ran for all four weeks in October and generated 624,000 player entries. Proceeds from the contest will be donated to Arizona Cardinals wide receiver, Larry Fitzgerald’s First Down Fund. DraftKings has now made over $1 million in charitable contributions. BOSTON … Read more
The sports betting market has become a booming industry that many people are interested in learning more about. NYC will be holding a conference with numerous big names in the industry ready to inform all those that attend on how to break into the market. … Read more
New Hampshire Lottery is in contract negotiations with DraftKings and Intralot. DraftKings will give half of the sports betting revenue to New Hampshire Lottery. Governor Chris Sununu wants sports betting to be active before the end of the NFL season. CONCORD, N.H. – DraftKings and … Read more
DraftKings became the first daily fantasy sports operator to accept residents from Iowa. Players from Iowa have the opportunity to take advantage of DraftKings’ newest features. DraftKings was recently named the official daily fantasy sports operating partner of the NFL. DES MOINES, Iowa – Weeks … Read more
Missouri sports betting bill HB 119 was introduced in the legislature earlier this year, but it included fees to be paid to sports leagues. Industry experts spoke to MO lawmakers and encouraged mobile betting, live betting, and no integrity fees. Gambling experts believe that $289 … Read more
The FanDuel online sportsbook is now taking bets in Indiana. FanDuel and GAN have partnerships in New Jersey and Pennsylvania. GAN is a developer and supplier of B2B online gambling software and services. INDIANAPOLIS – FanDuel and their partner GAN launched their online sportsbook in … Read more
Fox Bet will have the ability to use official MLB data for sports bets. MLB will receive branding rights within the Fox Bet network. Fox Bet currently operates in New Jersey and Pennsylvania. TALLAHASSEE, Fla. – Fox Bet announced last week that they are now … Read more
In August, Penn National Gaming partnered with four different sports betting companies in order to give them market access in varying states. Penn National Gaming’s stock has risen 1.3% despite the industry having a decline of 13.6% in the past three months. For Q3 of … Read more
Georgia’s current gaming laws prohibit all forms of gambling outside of lottery operations. A legal opinion issued out by the GA Legislative Services Committee cites that sports betting in GA may have to be approved by voters in order to totally avoid a lawsuit. The … Read more
Hollywood Casino continues to be the top sportsbook in the state of West Virginia. The week of September 7 accounted for revenue exceeding $1.6 million for the three active books. Mardi Gras Casino and Wheeling Island Casino are still out of operation at the time. … Read more
DraftKings has made its way to Pennsylvania with approval by the Pennsylvania Gaming Control Board (PGCB). The location of the sportsbook will be 25 miles south of Pittsburgh, at the Meadows Racetrack & Casino. DraftKings will perform a testing phase which is set to begin … Read more