CBS and NBC both reported a double-digit ratings increase for last week’s NFL games. Meanwhile, the NFL’s sportsbook partners treated viewers to roughly 100 ads. In related news, sports betting activity was at an all time high during the NFL’s opening week. Last season, NFL ratings slumped for the first time […]
Tag: Online Sportsbooks
DraftKings Reports Major Revenue Increase Despite Lack of Live Sports
After going public last month, DraftKings saw its stock rise sharply today, despite posting a net loss of more than $68 million in the first quarter. DraftKings reported $88.5 million in revenue for the quarter, a 30% increase from last year. Analysts believe the company is poised for rapid growth […]