by Adia Randall | Sep 14, 2020 5:02 pm | Sports Betting
ESPN has partnered with DraftKings and Caesars Entertainment to continue its growth in the US sports betting market. These multi-year and co-exclusive agreements will add links to DraftKings products and services along with links to the William Hill sports betting...
by Christina Monroe | Sep 2, 2020 10:49 am | Sports Betting
DraftKings is now doing business with NBA Hall of Fame member Michael Jordan as he officially joined the company’s Board of Directors as a special advisor. Since news broke late Tuesday, the stock price of the sports betting conglomerate has seen a surge which has...
by Adia Randall | Aug 17, 2020 10:56 am | Revenue
DraftKings Q2 results were released on Friday and the company has received $71 million in revenue but also lost $0.55 per share this quarter. The company was able to deal with the effects of COVID-19 on sports and still be debt-free on the balance sheets. DraftKings...
by Christina Monroe | Aug 14, 2020 11:49 am | Regulatory
The IRS is looking to place an excise tax of 0.25% on the Daily Fantasy Sports (DFS) industry which could equate to millions of dollars paid to them each year in taxes. DFS has never been considered a form of gambling which is where an excise tax is enforced but the...
by Adia Randall | Aug 5, 2020 10:09 am | Sports Betting
DraftKings has officially launched a sportsbook app and retail location in Illinois and the app will require in-person registration. The app and location will be DraftKings at Casino Queen and customers can take part in the sportsbooks many various bet types and...
