Articles by tag: DraftKings
Key Points: Microbetting creates increased fan engagement and investment across every pitch, snap, or free throw. While this is still in the early stages of adoption amongst bettors, the appetite and opportunity for growth exists amongst fans. DraftKings signed a multi-year agreement with SimpleBet to use their technology to enable microbetting. Commentary: As sports […]
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Sports & Entertainment
How Sports Betting Took the U.S. by Storm
A landmark Supreme Court decision in May 2018 paved the way for states to choose whether or not to legalize sports betting. Since that time, 28 states have launched live and active sports betting programs with more to follow in the near future. Betting terms have made their way into the lexicon of everyday […]
Articles
DraftKings to Buy Golden Nugget Online Gaming for $1.56 Billion
(Bloomberg) — DraftKings Inc. agreed to buy Golden Nugget Online Gaming Inc. in a deal valued at about $1.56 billion, expanding the fantasy-sports giant’s presence in the hot market for online betting. DraftKings expects use the combined resources to boost sales and market share, yielding $300 million in overlapping costs and creating new cross-selling opportunities, […]
Sports & Entertainment
DraftKings CEO Speaks on New Partnership with DISH Network
On this MarketScale industry update, host Hilary Kennedy tackles a complex topic with big implications for the future of sports betting. Not long ago, promoting sports betting on television was out of bounds. But today? You can now place a bet directly from your TV. DraftKings, a prominent sports betting company, announced a […]
SC Season 1
What the CEOs of Fanduel and Draftkings Predict About the Future of Sports Betting
The fans remember the highlights but the franchises remember the technology, data, and inventions that powered their season. Host Tyler Kern sits down with the innovators, leaders and founders that are taking sports into the future. Welcome to Salary Capped. I’m your host, Tyler Kern. Pleasure to have you along today. One of the biggest […]
Business Casual
DraftKings Expands its Pro Sports Market Share with New Partnerships
Sports fans have been satiating their craving for the stadium by participating in online sports betting and fantasy sports as the pandemic prevents large gatherings. Virtual sports events are only expected to continue rising in popularity, and DraftKings is betting on it. The company’s new public partnerships with ESPN & the New York Giants […]