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)

Wynn Resorts to Shut Down Gambling Platform in 8 States
Wynn Resorts to Shut Down Gambling Platform in 8 States
August 11, 2023  |  Connected Economy

Wynn Resorts is reducing the jurisdictions in which its online sports betting and iGaming platform is available. The platform, WynnBET, will be shut down “as soon as...

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DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
August 04, 2023  |  Earnings

DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user....

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DraftKings Hits 52-Week High Based on Projected Profitability
DraftKings Hits 52-Week High Based on Projected Profitability
July 10, 2023  |  Connected Economy

Shares of DraftKings soared to a 52-week high Monday (July 10). The Boston-based firm’s projected profitability on an adjusted EBITDA basis took the stock up...

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DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
June 16, 2023  |  Acquisitions

Online sportsbook company DraftKings has made a last-minute bid to buy the U.S. business of betting firm PointsBet. The $195 million offer from the company...

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Instant Payouts Take Center Stage as Online Sports Betting Gains Popularity
Instant Payouts Take Center Stage as Online Sports Betting Gains Popularity
May 12, 2023  |  Real-Time Payments

The proliferation of riskier, long-shot betting strategies may mean gamblers are more eager to get their winnings — now. The Wall Street Journal reported this...

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DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
DraftKings Blows Past Q1 Revenue Record as More States Legalize Online Wagering
May 05, 2023  |  Earnings

Virtual sports betting is looking like a sure thing as DraftKings delivered a strong start to the year with more states legalizing online sportsbook (OSB)...

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Instant Payouts Essential to Growing Sports Betting Industry
Instant Payouts Essential to Growing Sports Betting Industry
April 06, 2023  |  Disbursements

Sports betting has always been big business in the U.S., although historically it has been mainly limited to shadowy corners of off-track establishments, bookies or...

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Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
Sportsbooks Swelling to $200 Billion by 2025 Represent a New Game for Fraudsters
March 30, 2023  |  Security & Fraud

With online sportsbooks coming off a record Super Bowl in February and more states legalizing the practice at what seems like a monthly cadence, concerns...

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Paysafe Begins Supporting Newly Legal Massachusetts Sports-Betting Market
Paysafe Begins Supporting Newly Legal Massachusetts Sports-Betting Market
March 30, 2023  |  Payment Methods

Paysafe has expanded into Massachusetts to serve the newly legal sports gambling market. The entertainment-focused payment platform is supporting the mobile sports-betting market by enabling players...

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