It seems likely that voters in Louisiana will decide in November whether they want to legalize sports betting in the state. House Gives Overwhelming Approval On Wednesday, the state House of Representatives approved Senate Bill 130, which allows for a local option election on sports betting, by a 71-24 vote, […]
Despite the lack of live sports on which to offer daily fantasy games or live betting, DraftKings has seen its stock nearly double in the past month due to both the boom in online gaming and the company’s future potential. Investors See Big Potential As of midday Wednesday, the company’s […]
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 […]
As live sports disappeared from the landscape, DFS operators got creative. They added more esports. They added nonsports. And now, they’ve added cornhole. First Chance for DFS Players to Wager on Cornhole DFS operator PrizePicks recently announced a partnership with the American Cornhole League to add their games to its […]
Monkey Knife Fight’s announcement that it will partner with the Milwaukee Brewers as its official daily fantasy sports site is the latest move by the new-on-the-block operator to carve itself a foothold in the DFS space. Monkey Knife Fight Offers Innovative DFS Contests The San Jose-based company entered the scene […]
Guidelines released by the Nevada Gaming Control Board on Friday require casinos to prevent customers from congregating in groups in race and sportsbooks after the facilities reopen. Casinos Must Implement Social Distancing Those rules, which also apply to bingo halls and keno lounges, state that casinos must develop social distancing […]
DraftKings will launch an online casino in Pennsylvania on Friday after completing a soft launch held on Wednesday and Thursday. DraftKings Continues Gambling Expansion Efforts The company, known more for DFS and sports betting, has expanded into the online casino market, having launched an online casino in New Jersey in […]
Players can now invest in DFS stock instead of just picking DFS rosters. DraftKings Becomes DKNG DraftKings went public on Wall Street today after announcing Thursday afternoon that its shares will trade on the Nasdaq exchange under the ticker symbol DKNG. CNN noted that the company decided to forgo the […]
Burrow or Tua? Swift or Taylor? Delpit or McKinney? Picking FanDuel Rosters by Position FanDuel is offering free contests for DFS players to predict the results of the NFL Draft that begins Thursday. In addition to the winner of each contest receiving $1,000, FanDuel hopes to raise hundreds of thousands […]
Officials announced Monday afternoon that the 2020 World Series of Poker will be postponed, with hopes to hold the tournament series in the fall. Staff ‘Committed to Running’ the WSOP The 51st running of the annual event at the Rio All-Suites Hotel & Casino in Las Vegas was originally scheduled […]
With such staples as baseball and basketball out of the picture, esports continue to see a rise in popularity, as evidenced by some announcements related to the video game competitions in the past week. ZenSports Launches eSports Betting The mobile, peer-to-peer sports betting marketplace, ZenSports announced it’s launching esports betting […]
The Nevada Gaming Control Board approved wagers for such esports as Call of Duty, League of Legends, and Overwatch this week as video game competitions come to the forefront in a world without live sports. Variety of eSports Wagers Now Legal The regulators say it’s OK for Nevada’s licensed sportsbooks […]
The Illinois Supreme Court tossed out a lawsuit Thursday that relied on a 200-year old state law in an attempt to reclaim a lost bet on daily fantasy sports, ruling that DFS is a game of skill. Lawsuit Over a Lost C-Note In April 2016, Colin Dew-Becker lost $109 […]
A class-action lawsuit filed on behalf of DraftKings players against Major League Baseball and the Houston Astros struck out when a federal judge ruled against the plaintiffs on Friday. Judge: Teams Broke Rules, but DFS Players Don’t Get Compensation Judge Jed Rakoff of the Southern District of New York issued […]
DFS operators are turning toward the sports that continue to be played by expanding their offerings of esports like Counter-Strike: Global Offensive and Rocket League. With Traditional Sports on Hiatus, eSports Continue Both DraftKings and FanDuel have boosted the number of contests they offer on professional gamers competing in League […]
With sports shutting down during the COVID-19 pandemic, bettors are turning to something that can never be canceled – the weather. Highs and Lows of Temperature, Precipitation Bets A few operators have turned to such things as temperatures and precipitation as the basis of wagers to tempt players to bet […]
DraftKings has launched a new charity initiative, #DKRally, which asks sports fans to rally for their communities on social media as the coronavirus pandemic grows across the globe. #DKRally Hopes to Raise $1 Million Through “#DKRally,†the DFS operator hopes to raise $1 million for United Way, the nonprofit that […]
With practically all sports other than eSports shut down due to the coronavirus pandemic, DFS operator FanDuel is turning to non-sporting events to help maintain player interest in its site, including a free-to-play contest based on the results of each week’s “Survivor†episode. On March 15, FanDuel offered paid contests […]
FantasyDraft has temporarily stopped offering DFS contests as a result of the mass sports cancellations in the wake of the coronavirus pandemic. FantasyDraft ‘Unable to Offer Contests’ In an email sent to users, FantasyDraft CEO Stephen Krombolz wrote that the suspension of all US professional sports leagues has left the […]
DFS operators are continuing to run contests, even as the pool of available sports is shrinking due to leagues canceling games because of coronavirus-related concerns. Limited DFS Slates Available In a statement emailed to users and attributed to company president Matt Kalish, DraftKings said that it would “continue to offer […]
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