Tag: DraftKings

Campaign to legalize online sports betting in Nebraska gets 350,000 signatures

1 July 2026 at 6:47am UTC-4
A campaign to add online sports betting to Nebraska’s 2026 General Election ballot has received more than 350,000 signatures via two petitions, meeting the minimum threshold ...

Missouri sportsbooks report US$30 million in May revenue

30 June 2026 at 1:25pm UTC-4
Missouri sportsbooks held 11.9% in May on handle of US$259 million, for revenue of US$30 million. Promotional outlays were US$7 million. Missouri allows tax deductibility of as ...
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Alberta Minister: igaming market will generate CA$76 million in first year tax revenue

30 June 2026 at 7:33am UTC-4
A top Alberta minister estimates that the province’s regulated online gaming market, launching on 13 July, will generate CA$76 million in tax revenue in its first year ...

Meta developing points-based prediction market app: report

24 June 2026 at 6:35am UTC-4
Meta is reportedly developing a new prediction markets app called “Arena,” planned to operate on a points system, rather than involving real money such as platforms from ...
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North Carolina increases tax rate on sports betting from 18% to 23%

22 June 2026 at 10:27am UTC-4
North Carolina legislators recently announced a 5 percentage point increase on the state tax on sports betting. The new rate is 23%, up from 18%, moving North Carolina ahead of ...

Prediction markets the hot topic at analyst conference

18 June 2026 at 1:56pm UTC-4
DraftKings and FanDuel parent Flutter Entertainment presented at the Jefferies Nantucket Consumer Conference on 17-18 June, and, according to Jefferies analyst David Katz, the ...
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Online sports betting win, handle and hold erupt in Michigan in May

16 June 2026 at 5:02pm UTC-4
Sports betting revenues in Michigan catapulted 51% higher in May, reaching US$77.5 million. Handle also surged, up 18% to US$468 million. Taken together, the numbers implied an ...

DraftKings extends multi-year partnership with GeoComply

16 June 2026 at 6:27am UTC-4
DraftKings has extended its multi-year partnership with data compliance firm GeoComply, building on a collaboration that has been running for more than a decade. The extended ...

Tight sports betting hold doesn’t help DraftKings in Oregon in May

9 June 2026 at 1:32pm UTC-4
Although its sportsbook held at 12.6% in May, DraftKings saw declines in handle and win in Oregon, where it is the exclusive online sports betting provider. Winnings subsided 5 ...

New York online sports betting revenue plummets in May

6 June 2026 at 11:29am UTC-4
Winnings for New York State’s online sports books plunged 18% in May, as hold slipped to 9.6%. Books won $204.2 million on handle of $2.1 billion, down 8% from 2025. FanDuel ...