DraftKings Reveals $114.1m Loss In SBTech Merger Statement

Diamond Eagle Acquisition Corp – the special purpose acquisition company formed as part of DraftKings and SBTech’s merger – has filed a registration document revealing DraftKings made a loss of $114.1m (£87...

DraftKings Signs Sports Betting Deal With NBA

DraftKings will be the official NBA betting data and league marks partner across its mobile platform and in its sportsbooks throughout the United States, starting from the current 2019–20 NBA season. “NBA ga...

DraftKings Introduce Sportsbook App To New Jersey

Fantasy sports operator DraftKings, working with Kambi, has soft-launched a premium mobile sportsbook app in New Jersey.   As sports betting ramps up in the USA following the repeal of PASPA, fantasy sport...

PASPA ruling: the market responds

Gambling operators, sports leagues and organisations have responded to the Supreme Court’s overturning of PASPA, with William Hill announcing it plans to launch in New Jersey “as soon as responsibly possible”...

DraftKings Raises $24m For Online Fantasy Sports Games

Fantasy sports start-up DraftKings has raised $24 million (€17.8 million) in Series B funding to aid expansion of its daily fantasy sports online games offering. According to the Venture Beat, the round of f...