Tag: DraftKings

New Jersey tax proposal draws analysis and ire

27 February 2025 at 12:26pm UTC-5
While the next New Jersey state budget for 2026 is not a done deal, J.P. Morgan analyst Joseph Greff wrote in a 27 February investor note, there is a higher probability this year ...

DraftKings, analysts share confidence

27 February 2025 at 5:43am UTC-5
Alan Ellingson, Chief Financial Officer of DraftKings, and his investor-relations team were the guests of Jefferies Equity Research on February 25. Their discussion covered a wide ...

4 Nations ice hockey final breaks online betting records

25 February 2025 at 6:37am UTC-5
The final of the 4 Nations ice hockey tournament between Canada and the US was the most bet on hockey game at several US sportsbooks, according to ESPN. The 4 Nations final ...

Wyoming online sportsbook revenue up 8.8% year-over-year in January

21 February 2025 at 7:00am UTC-5
Online sportsbooks in Wyoming generated U$2.8 million in gross gaming revenue in January, up 8.8% year-over-year. Since the state legalized online sports betting in 2021, the ...

Vermont marks one year of legal sports betting with $23.8 million handle

17 February 2025 at 7:33am UTC-5
Vermont’s online sportsbooks registered sports betting handle of over US$23.8 million in January 2025, marking the first anniversary of legal sports betting in the state ...

Kansas online sportsbooks increase revenues by 84%

17 February 2025 at 5:52am UTC-5
Kansas online sportsbooks generated US$16 million last month, an increase of 84% compared to December figures. The Kansas Lottery reports the revenue of six online operators in ...

DraftKings reports US$1.4 billion in revenue for fourth quarter

14 February 2025 at 7:14am UTC-5
Sports betting and fantasy sports platform DraftKings has reported that fourth-quarter revenue reached US$1.4 billion. The fourth-quarter revenue is 13% higher than the same ...

Oregon Lottery offers Taylor Swift-themed sports bets ahead of Super Bowl LIX

6 February 2025 at 8:22am UTC-5
The Oregon Lottery has spruced up its DraftKings-operated sportsbook by revealing various Taylor Swift-themed betting options just in time for Sunday’s Super Bowl. Oregon ...

North Carolina bettors to wager on Super Bowl for the first time

6 February 2025 at 7:13am UTC-5
For the first time, residents of North Carolina will be able to bet on the Super Bowl this year as the Kansas City Chiefs take on the Philadelphia Eagles. The state approved ...

DraftKings and NFL Players Association seek to settle NFT lawsuit

29 January 2025 at 1:38pm UTC-5
DraftKings and the NFL Players Association have reached a non-binding agreement to settle a legal dispute over DraftKings’ unilateral termination of a contract between the ...