Tag: DraftKings
DraftKings and FanDuel Baltimore lawsuit removed to federal court
15 May 2025 at 9:03pm UTC-4
A lawsuit filed by city of Baltimore officials against DraftKings and FanDuel has been removed to Maryland federal court after the operators filed for a Notice of Removal on 7 May ...
Lori Kalani outlines ambitious responsible gambling agenda for DraftKings and beyond
15 May 2025 at 12:25pm UTC-4
DraftKings Chief Responsible Gaming Officer Lori Kalani has pledged to “work [herself] out of a job” as she strives to get 100% of the operator’s customers familiar with its ...
Sportsbooks react against North Carolina tax rise
13 May 2025 at 9:54am UTC-4
Sports betting companies are pushing back against North Carolina’s recent budget proposal to raise the tax paid on revenue from 8% to 36%.
The proposal passed the Senate on ...
New York sports betting win nudges upward
12 May 2025 at 2:22pm UTC-4
Revenue from New York online sports betting rose 4.8% in April, boosted by a 9.6% in handle. Sportsbooks held 8.9%.
An 18% plummet in walk-up sports wagering led to a loss of ...
Despite ‘bad quarters,’ DraftKings remains bullish about future
9 May 2025 at 2:20pm UTC-4
During Friday’s earnings call, DraftKings Chief Executive and Co-Founder Jason Robins painted a mostly positive picture of the company’s finances.
But that doesn’t mean ...
DraftKings’ revenue rises 20% year-over-year in first quarter
8 May 2025 at 4:55pm UTC-4
DraftKings on Thursday reported first-quarter revenue of $1.409 billion, an increase of US$234 million, or 20%, compared to US$1.175 billion during the same period in 2024 ...
NBA expresses concerns over sports prediction integrity to CFTC
5 May 2025 at 7:05am UTC-4
The NBA has sent a letter to the Acting Chairman of the Commodity Futures Trading Commission Carolina Pham highlighting its concerns that sports prediction markets threaten the ...
Genius Sports launches BetVision for Soccer
5 May 2025 at 5:54am UTC-4
Technology provider Genius Sports has launched its in-game wagering product for global soccer, BetVision for Soccer.
The product, in partnership with sports marketing company ...
Kentucky online sportsbook wagers up 15.5% YoY in March
1 May 2025 at 6:15am UTC-4
Wagers for Kentucky’s online sportsbooks reached US$284.9 million in March, up from the previous year’s recorded total of US$246.5 million, representing a 15.5% year-on-year ...
NCAA gambling data sale sparks public health concerns
30 April 2025 at 6:59am UTC-4
The Massachusetts-based Public Health Advocacy Institute has condemned an NCAA deal with technology provider Genius Sports to sell real-time college sports data to the gambling ...
