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)

FanDuel Suffers $5M Loss In Legal Super Bowl Wagers
FanDuel Suffers $5M Loss In Legal Super Bowl Wagers
February 04, 2019  |  Commerce

FanDuel, a daily fantasy sports provider and bet taker site, said it lost $5 million on the Super Bowl on Sunday after taking some of...

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Can Fantasy Sports Change The Payments Game?
Can Fantasy Sports Change The Payments Game?
November 01, 2017  |  Payments As A Service

There’s nothing imaginary about the scope of the fantasy sports market, valued at an estimated $7.22 billion in the U.S. — or the complexities of...

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TRENDING: How DraftKings Ups Its Payment Game
TRENDING: How DraftKings Ups Its Payment Game
October 31, 2017  |  Payments As A Service

Mobile technology is all about helping different parties readily connect. In the B2B payments space, those connections can lead to new payment capabilities and new...

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DraftKings, FanDuel Fined $2.6M For Unfair Practices
DraftKings, FanDuel Fined $2.6M For Unfair Practices
September 08, 2017  |  Legal

DraftKings and FanDuel will pay a combined $2.6 million as a settlement for unfair and deceptive practices affecting fantasy sports consumers. Reuters reported news that...

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Amazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts
Amazon Sizzles, Apple Fizzles And A High Profile Merger Fizzle Before It Starts
July 14, 2017  |  Sizzle/Fizzle

Some partnerships seemed destined, perhaps even written in the stars — Romeo & Juliet, Tony & Maria or (of course) Kimye are all good examples. Then...

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FTC Aims To Block DraftKings, FanDuel Merger
FTC Aims To Block DraftKings, FanDuel Merger
June 20, 2017  |  Legal

The Federal Trade Commission (FTC), in a regulation move, announced that it will ask for a preliminary injunction to stop the merger of DraftKings and FanDuel because the combined...

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Fantasy Sports Get A Legal Go-Ahead In New York State
Fantasy Sports Get A Legal Go-Ahead In New York State
June 20, 2016  |  Regulation

The New York legislature has given a thumbs-up to fantasy sports, passing a bill early Saturday (June 18) that explicitly legalizes and regulates fantasy sports...

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NY Attorney General Fires Back At FanDuel, DraftKings
NY Attorney General Fires Back At FanDuel, DraftKings
January 04, 2016  |  Regulation

The new year may not be such a fresh start for controversial fantasy sports sites FanDuel and DraftKings. According to The Wall Street Journal, a...

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