Tag: DraftKings
March Madness lifts DraftKings past FanDuel in New York
12 April 2025 at 2:01pm UTC-4
DraftKings overtook FanDuel for revenue for the first time in 15 months, as New York state sports betting operators reported March revenues. FanDuel’s winnings fell 18.6%, while ...
DraftKings and FanDuel sued by Baltimore officials for exploiting bettors
7 April 2025 at 6:38am UTC-4
The City of Baltimore, in Maryland, has sued DraftKings and Flutter Entertainment, which owns FanDuel, for breaking Baltimore laws by exploiting vulnerable bettors.
The lawsuit ...
Analyst hails prospective California sports betting accord
3 April 2025 at 4:10pm UTC-4
Although no company has confirmed discussions with California tribes, one stock analyst applauded the alleged negotiations. Jefferies Equity Research analyst David Katz voiced ...
Sports Betting Alliance puts forward tribal sports betting plan
3 April 2025 at 7:47am UTC-4
the Sports Betting Alliance, an advocacy group for legal sports betting across the US, has released a plan to bring sports betting to California, but one Indian Gaming Association ...
FanDuel and DraftKings made peace with California tribes over sports betting expansion
1 April 2025 at 6:52am UTC-4
The top executives at DraftKings and FanDuel admitted past mistakes and struck a conciliatory tone with California tribes Monday at the Indian Gaming Association’s annual ...
Maryland mobile sportsbooks face tax hike
24 March 2025 at 6:50am UTC-4
Maryland Governor Wes Moore is proposing to tax online operators between 15% and 30% as part of the 2026 state budget.
Moore and the Maryland General Assembly have come to the ...
DraftKings uses Kenny Rodgers song The Gambler in latest responsible gambling commercial
19 March 2025 at 6:32am UTC-4
DraftKings has launched a new ad campaign set to Kenny Rodgers’ The Gambler in a bid to promote responsible gambling.
The 60-second commercial revolves around the lyrics of ...
Kansas online sportsbook revenue up more than US$20 million year-on-year in February
17 March 2025 at 7:42am UTC-4
Total Kansas sportsbook revenue for February rose to US$23.9 million last month compared with US$3 million in 2024, according to the state’s regulator the Kansas Lottery ...
Indiana online sports betting handle grows more than 6% year-over-year in February
14 March 2025 at 7:07am UTC-4
The Indiana Gaming Commission has reported online sports generated a betting handle of US$423.8 million in February, an increase of almost 6.5% from the US$397.9 million generated ...
New York sports betting soars in February
13 March 2025 at 4:51pm UTC-4
Fueled by 11% higher wagering, revenues for online sports betting operators in New York State leapt 41% in February. Books made $185 million from $2 billion in wagering, for a 9.4 ...
