Tag: DraftKings

DraftKings has launched the first retail sportsbook in New Hampshire at The Brook in Seabrook. (Image: DraftKings)

DraftKings Bids $20 Billion for Entain in Sports Betting Mega Merger

DraftKings offered to acquire the UK-based sports betting and gambling company Entain. Entain has a 50% stake in BetMGM and operates the Ladbrokes, PartyPoker, bwin, Sportingbet and Coral brands. CNBC’s sources report the offer is for $20 billion in DraftKings’ stock and cash. Investors quickly reacted to the news. Entain’s […]

FanDuel Sportsbook will soon be offering live streams of tennis and some European soccer through its mobile betting app. (Image: Ed Scimia/OnlineGambling.com)

Sports Betting Boosts NFL Opening Week Ratings and Ad Spending

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 […]

ESPN's gradual embrace of sports betting may pick up steam as it looks to license its brand to sportsbooks. (Image: Getty)

Disney’s ESPN Sports-Betting Deals Could Net $3 Billion

Walt Disney’s ESPN is looking to generate more than $3 billion in sports-betting licensing deals. Once reluctant to associate with gambling, the multimedia company has gradually changed its tune. Initially tentative to offer sports-betting content, the company is now looking to leap into ESPN-branded sportsbooks. According to the Wall Street […]

Gov. Ned Lamont signed a Connecticut sports betting bill into law on Thursday, ending a contentious years-long process. (Image: Connecticut Governor’s Office)

Connecticut Seeks Sports Betting by Football Season

Sports betting is coming into form in Connecticut, with the two biggest players in the American industry partnering with the state’s two Native American casinos. DraftKings will partner with Foxwoods Resort Casino and FanDuel will partner with Mohegan Sun to operate both brick-and-mortar and online sportsbooks. Industry leaders enter Connecticut […]

Phil Mickelson tees off at the iconic 16th hole at TPC Scottsdale at the Waste Management Phoenix Open. (Image: AP)

DraftKings Plans Sportsbook at TPC Scottsdale

DraftKings plans to develop the first-of-its-kind retail sportsbook at TPC Scottsdale in conjunction with the PGA Tour, pending the signing of a bill that would legalize sports betting in Arizona. As OG News reported on Tuesday, the legislation is one of the most ambitious bills in the nation, allowing wagers […]

A sports betting bill sailed through the Wyoming Senate this month, and now awaits the governor's signature before becoming law. (Image: Wyoming Capitol Square Project)

Legalized Wyoming Sports Betting Now Likely After Senate OKs Bill

Sports betting in Wyoming now has a clear path to legalization after the state Senate handily passed a bill establishing parameters for wagers in the state. On Monday, the Senate passed House Bill 133 by a 24-5 vote with one abstention after only minor revisions to the legislation. The bill […]

The Mumbai Indians beat the Chennai Super Kings in a stunning 2019 final. Disney now owns IPL streaming rights. (Image: Robert Cianflone/Getty)

Disney Posts Upside Earnings Surprise Thanks to Cricket

Cricket and sports betting came up multiple times during Walt Disney’s earnings call on Thursday. It was a knuckleball for Disney analysts who normally focus on theme parks and movies. They failed to predict the impact of Disney’s newest revenue streams. Disney’s parks can’t operate at full capacity, due to […]

Bally's Corporation is expanding its sports betting operations by purchasing Monkey Knife Fight for $90 million in stock. (Image: CBS Philly)

Bally’s Prepares for Wide Sports Betting Legalization with MKF Purchase

Bally’s Corporation’s purchase of daily fantasy provider Monkey Knife Fight positions the company to capitalize on sports betting as more states across the country legalize wagering. The company announced the purchase of the third-largest DFS operator in the US on Tuesday for $90 million in stock. The deal is expected […]

DraftKings has launched the first retail sportsbook in New Hampshire at The Brook in Seabrook. (Image: DraftKings)

Online Sports Betting Update: Connecticut and Texas File New Bills

In the wake of the pandemic, more states are pushing through online sports betting bills. Connecticut, which had a number of bills fail in previous sessions, may finally have a winner. Even gambling-averse Texas recently filed an online sports betting bill. A number of states rushed to legalize sports betting […]

Online Sports Gambling in Michigan Set to Go Live This Week

Online Sports Gambling in Michigan Set to Go Live This Week

The wait is over for Michiganders as Richard Kalm, executive director of the Michigan Gaming Control Board (MGCB), said he expects the state to flip the switch for online sports betting within the next few days, and as soon as Tuesday night. Kalm noted Tuesday that final preparations in anticipation […]

Governor Andrew Cuomo has asked a state gaming board to reconsider recommending a fourth casino for upstate New York. (Image: Getty Images)

Gambling Stocks Jump After NY Gov. Cuomo Endorses Online Betting

Several gambling stocks saw notable increases in share price this week after New York Gov. Andrew Cuomo said he’s OK with legalizing online sports betting in his state to help make up a budget shortfall. Cuomo has long been an opponent of allowing online sports betting, but New York is […]

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

ESPN Plus to Feature Betting Commentary for NFL Wild Card ‘MegaCast’

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. […]

Four Online Sports Gambling Startups to Watch in 2021

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, […]

Disney Goes All-In With Caesars, DraftKings, and SEC Deal in Effort to Save ESPN

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 […]