With tech giants like Amazon emerging as players in NFL broadcasting, ESPN is staking its reputation on streaming this weekend with its first-ever NFL “MegaCast.†The idea is to broadcast the Ravens vs. Titans wild-card game at 1:O5 p.m. ET across six Disney-owned networks with different viewer experiences on each. […]
Tag: DraftKings
Entain Shares Soar as British Gambling Giant Rejects MGM’s $11 Billion Takeover Bid
Betting giant Entain, the Isle of Man-headquartered parent company of Ladbrokes, rejected an £8.1 billion ($11b) buyout offer from US partner MGM Resorts Monday, sparking a rally in its stock as MGM shares took a dip. Entain officials said the offer from MGM, owner of several high-end resorts and casinos […]
MGM and Digital Media Giant IAC Team Up to Acquire Ladbrokes’ Parent Company
MGM Resorts International, the parent company of BetMGM, is looking to start the new year big as it’s reportedly on the cusp of acquiring Entain, the parent of one of the biggest and oldest sportsbooks in the world, London-based Ladbrokes. With the backing of billionaire Barry Diller’s IAC Group, Entain, […]
Four Online Sports Gambling Startups to Watch in 2021
The online gambling world took away a lot of lessons last year. Big mergers happened in 2020 and will continue to happen this year as corporations keep pushing for monolithic hegemony. In the US, states will continue to regulate and open for business to become the next New Jersey, Pennsylvania, […]
Funky Rules in Virginia Cause Sportsbooks to Speak Out Before Anticipated January Opening
They won’t be the only state to open for online sports gambling in January, but Virginia will undoubtedly do so with a unique set of regulations. Legalized in July, the Virginia Lottery has granted preliminary approval for up to a dozen online sportsbooks, including five of the usual suspects.DraftKings, FanDuel, […]
Disney Goes All-In With Caesars, DraftKings, and SEC Deal in Effort to Save ESPN
Last week, Disney officials announced several initiatives that will pivot the media behemoth toward a future focused on online sports gambling. At its Investor Day last Thursday, Disney executives highlighted ESPN’s multi-year partnership with Caesars Entertainment signed in September. The deal includes link integrations from ESPN’s digital platforms to William […]
DraftKings, Foxwoods Reach Deal as Lawmakers Promise Connecticut Sports Betting Push in 2021
Connecticut hasn’t legalized sports betting yet, despite several attempts by lawmakers. Even so, DraftKings and Foxwoods Resort Casino announced a deal on Monday that positions the two gaming powerhouses to take advantage if the state finally allows regulated sportsbooks to begin operating in 2021. The multi-channel deal between DraftKings and […]
DraftKings Bets Big On Vegas’ Future, Sponsors Gaming Innovation Program at UNLV
DraftKings doesn’t currently operate in Nevada, but that didn’t stop them from signing a new, multi-year agreement to help fund the Center for Gaming Innovation at the University of Nevada, Las Vegas. No Mobile Registration, No Problem While the Nevada Gaming Control Board doesn’t yet allow mobile sportsbook registration, the […]
Crowded Field Yields Significant Sports Betting Uptick in the Rockies
Like New Jersey, Illinois, and Indiana, Colorado has reported record increases in online gambling this fall as a bevy of sportsbook operators custom-tweak apps and websites to gain credibility among bettors. Online Wagering in Colorado Takes Hold in the Fall Sports betting went live in Colorado on May 1, after […]
DraftKings Stock Soars Again After Analysts Set $100 Price Target
DraftKings stock continued to climb back toward its peak on Thursday, rising to nearly $50 a share after analysts said a likely boom in sports betting will greatly increase the profitability of the Boston-based company. The stock rose to nearly $65 a share in early October, but dropped to about […]
Illinois Gambling Regulators Took Risks in September, then Watched the Bets Pour In
The state of Illinois took its first sports bet in the week March Madness was canceled. In the months that followed, betting action was negligible. But over the last 90 days, as sports returned, the Prairie State emerged as the Midwest capital of online sports betting. The Illinois Gaming Board […]
DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?
Buoyed by a trio of new states approving gambling on Election Day and continued progress with professional sports partnerships, DraftKings reported some big third quarter wins on Friday. As a result, shares of DraftKings stock jumped more than 10% to end the week after the company released blockbuster quarter-end totals, […]
Maryland, Louisiana, and South Dakota Voters Say Yes to Legalizing Sports Betting
While the presidential race outcome is still in limbo, three states — Maryland, Louisiana, and South Dakota — approved sports gambling by wide margins in Tuesday’s general election. The number of states allowing sports betting is now 26, plus Washington DC. None of the three states that just approved sports […]
DraftKings Election Predictor Map Shows Sea of Red — It’s Not What You Think
Democrats expressed shock to see DraftKings post a US map on Twitter awash in a sea of red, but that portrayal doesn’t quite represent what some may think. The DSF and sportsbook operator is offering a free-play contest for its users to predict the 2020 presidential election results, handing out […]
Sports Betting on the Ballot in Three States, DraftKings and FanDuel Lead the Charge
For the last half-decade, DraftKings and FanDuel have been making quiet campaign contributions toward sports gambling legalization efforts. This Election Day, thanks to initiatives they’ve championed, voters will have their say on the fate of sports betting in three states — Maryland, Louisiana, and South Dakota. So far, 22 states […]
Sports Betting Kicks Off This Weekend in Tennessee, Operators to Take 10% of Winnings
The wait is over for Tennesseans looking for sports betting to begin in their home state as a quartet of sites is set to go live this weekend. While many bettors are eagerly awaiting the chance to place legal wagers on their favorite teams, there are some important regulations they […]
DraftKings, FanDuel Try to Clean Up Mess After Live-Scoring Snafu Derails Weekend Payouts
DFS players at DraftKings and FanDuel are finally receiving payouts from the weekend contests after delays due to live scoring issues, but participants in some contests are still left waiting. DraftKings paid out all college football contests on Monday, and experienced no scoring issues in NFL games on Sunday, so […]
Live Scoring Issues Tarnish Weekend’s DFS Football Games
The weekend of football proved hair-pullingly frustrating for DFS users who couldn’t follow live scoring for their contests, and who are still waiting for payouts on Monday – up to two days after some contests ended. Neither DraftKings nor FanDuel offered live scoring for college football contests on Saturday. DraftKings […]
DraftKings Stock Booms with Return of Football, Deal Announcements
With the return of the NFL and the announcement that the Big 10 will resume playing college football in October, DraftKings saw its stock soar in the past week. Although the price dipped some this week, trading at around $51 per share on Wednesday afternoon, DraftKings has been among the […]
Wrigley Field Could Host DraftKings Sportsbook
Chicago Cubs fans may get to bet on their team at Wrigley Field whenever patrons are allowed back into games. DraftKings Plans Wrigley Field Sportsbook The Cubs announced a partnership with DraftKings to make the Boston-based company its official DFS and sports betting partner. It’s the latest in a series […]