DraftKings

DraftKings is an American daily fantasy sports contest and sports betting provider. The company allows users to enter daily and weekly fantasy sports–related contests to win money.

Source: draftkings.com

DraftKings Eyes Expansion Into New Markets
DraftKings Eyes Expansion Into New Markets
November 08, 2024  |  Earnings

Customer acquisition and its associated costs remain a double-edged sword for officials at DraftKings, according to co-founder and CEO Jason Robins. Third-quarter results released Thursday...

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US Sports Gambling Industry Totals $220 Billion Since 2018
US Sports Gambling Industry Totals $220 Billion Since 2018
September 06, 2024  |  Earnings

As the NFL season gets underway, sports betting has reportedly become big business in the United States. Since a Supreme Court ruling overturned a law...

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DraftKings to Enhance In-Play Betting Offering With Simplebet Acquisition
DraftKings to Enhance In-Play Betting Offering With Simplebet Acquisition
August 28, 2024  |  Acquisitions

Digital sports entertainment and gaming company DraftKings plans to enhance its in-play betting offering by acquiring Simplebet. The proposed transaction has been approved by the...

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DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
DraftKings Slides on Forecast, Debuts Gaming Tax Surcharge
August 02, 2024  |  Earnings

The sports gaming industry is at a crossroads, with technological innovation, regulatory changes, and consumer habits all combining to drive rapid evolution. And all three...

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California Puts Car Titles On-Chain in Push for Blockchain Usability
California Puts Car Titles On-Chain in Push for Blockchain Usability
July 31, 2024  |  Blockchain

Fraud detection and prevention are among the many promises blockchain technology holds. But unlike certain other far-from-realized promises, the security of on-chain digitization is finding...

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DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

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DraftKings Bringing Online Sportsbook to Washington DC
DraftKings Bringing Online Sportsbook to Washington DC
July 23, 2024  |  Connected Economy

DraftKings says it plans to launch its online sportsbook in Washington, D.C. Assuming it gets the license and regulatory approval it needs, DraftKings would make the nation’s...

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Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games...

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CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
June 24, 2024  |  Connected Economy

The CE 100 Index was 0.5% higher this past week, boosted by the fortunes of the “Have Fun” group, which jumped 3.3%. Within that segment,...

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