Tag: DraftKings

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 […]

Crowded Field Yields Significant Sports Betting Uptick in the Rockies

Crowded Field Yields Significant Sports Betting Uptick in the Rockies

Like New Jersey, Illinois, and Indiana, Colorado has reported record increases in online gambling this fall as a bevy of sportsbook operators custom-tweak apps and websites to gain credibility among bettors. Online Wagering in Colorado Takes Hold in the Fall Sports betting went live in Colorado on May 1, after […]

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

DraftKings Stock Soars Again After Analysts Set $100 Price Target

DraftKings stock continued to climb back toward its peak on Thursday, rising to nearly $50 a share after analysts said a likely boom in sports betting will greatly increase the profitability of the Boston-based company. The stock rose to nearly $65 a share in early October, but dropped to about […]

DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?

DraftKings’ Q3 Gains Create Stock Surge, But is Success Sustainable?

Buoyed by a trio of new states approving gambling on Election Day and continued progress with professional sports partnerships, DraftKings reported some big third quarter wins on Friday. As a result, shares of DraftKings stock jumped more than 10% to end the week after the company released blockbuster quarter-end totals, […]