The board of PointsBet said Sunday night that it will continue to endorse a Fanatics bid while looking into a last-minute offer from DraftKings. The Australian business announced in a press release that it would work with DraftKings to accept its $195 million offer to buy the US assets of PointsBet. PointsBet's board still urges shareholders to accept the earlier ...
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The PGA Championship brought some real excitement to the weekend. Not just for the players associated with the seesaw battle at the links, but for sports bettors who risked large sums of money on the tournament. People were betting on the usual favorites. Koepka and Thomas received most of the pre-tourney action. Between the two of them, they accounted for ...
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When Illinois legalized sports betting, they also created a rule that the large existing online sportsbook outfits (like DK and FD) would have to wait 18 months before they could enter the market. This week it was announced that DraftKings has made a deal with Casino Queen in East St. Louis. The deal will rename the Casino after DraftKings and ...
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Teaming up with sports live content provider Sportsradar, DraftKings sportsbook has announced it wil be streaming live events from its mobile app. The streaming will be available for anyone that has funds in their account. As of right now it appears they will be streaming Korea Baseball Organization and Bundesliga Soccer (Division 1) as these are some of the only ...
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DraftKings is an online fantasy sports provider. They are also in the sports betting space. Last year they purchased long-time sports betting industry heavy-weight SBTech, shoring up their position in this market. One day after shareholders agree to go public, Draftkings did just that. They chose the Nasdaq stock market, a market known for their tech stocks. DraftKings symbol is ...
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The state of Indiana was open for business (as far as sports betting is concerned) all last month and the numbers are in. The state's sportsbooks booked $34.5 million in sports bets which showed a profit of $8.5 million. Of that $8.5 million about $813,000 was given to the state. Not surprisingly, a majority of that 35 million was bet ...
Read MoreEveryone knows DraftKings. If you live in North America you have definitely seen or heard an ad for DraftKings. They are a leading Fantasy Sports Provider and as of last year have moved into the sports betting arena. People may not be as familiar with SBTech. This company provides the sports betting platform for many companies including New Jersey's Resort ...
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