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 and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Sportsbook Giants Launch Association to Promote Responsible Gambling
Sportsbook Giants Launch Association to Promote Responsible Gambling
March 27, 2024  |  Digital Payments

Seven of America’s largest sportsbook companies launched a trade group to combat problem gambling. The Responsible Online Gaming Association (ROGA), announced in a news release Wednesday (March 27), is...

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DraftKings, FedEx Lead CE 100 Index Gains
DraftKings, FedEx Lead CE 100 Index Gains
March 25, 2024  |  Connected Economy

The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground.  DraftKings surged 13%, leading the “Have Fun” segment...

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Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
March 21, 2024  |  Acquisitions

Online betting firm Rush Street Interactive is reportedly considering a sale, among other strategic options. The company’s representatives have approached potential buyers, Bloomberg reported Thursday (March 21), citing unnamed...

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DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
DraftKings Looks to Hit Jackpot With Lottery Acquisition, Digital Innovation
February 16, 2024  |  Earnings

For many sports betting companies, the Super Bowl is, well, their Super Bowl. But daily fantasy sports contest and sports betting company DraftKings is more...

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Flutter Soars, iRobot Crashes on Amazon Deal Doubt as CE 100 Index Dips 0.6%
Flutter Soars, iRobot Crashes on Amazon Deal Doubt as CE 100 Index Dips 0.6%
January 22, 2024  |  Connected Economy

The CE 100 Index lost 0.6% as gains from the Have Fun segment were blunted by double-digit plunges from the likes of iRobot — where...

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DraftKings to Launch Online Sportsbook in 26th State: Vermont
DraftKings to Launch Online Sportsbook in 26th State: Vermont
January 10, 2024  |  Connected Economy

DraftKings will launch its online sportsbook in Vermont on Thursday (Jan. 11), bringing to 26 the number of states in which it operates. The DraftKings...

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Class-Action Lawsuit Targets DraftKings Promotional Offer 
Class-Action Lawsuit Targets DraftKings Promotional Offer 
December 08, 2023  |  Legal

Sports betting operator DraftKings is reportedly facing a class-action lawsuit filed in the Massachusetts Superior Court.  The lawsuit alleges that the company designed an “unfair and deceptive”...

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DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
DraftKings Expects Online Gaming to Reach $30 Billion by 2028 
November 14, 2023  |  Earnings

Online sports betting and iGaming in the United States will be a $30 billion total addressable market (TAM) in 2028, up from $20 billion this...

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