WTF Were They Thinking: DraftKings Posts 9/11-Themed Parlay

WTF Were They Thinking: DraftKings Posts 9/11-Themed Parlay Thumbnail

Come on, man There are insane promotions and then there are absolutely mind-numbing, someone must have done it on a dare insane promotions. This past weekend was opening weekend for the NFL, the most wonderful time of the year for sportsbooks. Monday was also September 11, the 22nd anniversary of the terror attacks that killed… Read more »

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$300,000 Stolen From DraftKings Sportsbook Customers Accounts

$300,000 Stolen From DraftKings Sportsbook Customers Accounts Thumbnail

Company plans to reimburse customers A number of DraftKings customers found out this weekend that their sportsbooks accounts were hacked and just that, but money was drained either from those accounts or the bank accounts connected to them. On Monday, the company said that customers lost about $300,000 in total, but DraftKings intends to make… Read more »

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DraftKings Stock Tumbles to All-Time Lows

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Daily fantasy sports leader turned sports betting giant DraftKings may be one of the leaders in the US betting industry, but its stock has been sinking like a stone since the fall. On Monday, DraftKings’ share price closed below $11, its lowest point since the company went public in April 2020. Monday’s closing price was… Read more »

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DraftKings Stock Continues to Tumble After Earnings Report

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Not a pretty chart DraftKings, one of the top two names in daily fantasy sports, is also now one of the biggest brands in legal, regulated sports betting in the United States. But that name recognition has not helped its stock price lately, as the company has lost billions in market share. In terms of… Read more »

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“Grassroots” PAC Against Gaming Amendments in Florida Actual Front Group for Seminole Tribe

“Grassroots” PAC Against Gaming Amendments in Florida Actual Front Group for Seminole Tribe Thumbnail

The battle is beginning to heat up in Florida regarding sports betting and it seems that neither side is playing fair. Allegations of improper petition collections and outright fraud have been claimed by one side. But that organization making the accusations has not disclosed that the “grassroots” effort that people assume it is representing is… Read more »

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DraftKings Facing Legal Issues on Multiple Fronts

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Possible trouble with the purchase of GNOG DraftKings is just finding itself in all sorts of legal messes lately. A law firm has announced an investigation into the sports betting company’s acquisition of Golden Nugget Online Gaming (GNOG) for potential violations of securities law and a British bookmaker has sued DraftKings for patent infringement. Let’s… Read more »

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DraftKings Ends Efforts to Acquire Entain

DraftKings Ends Efforts to Acquire Entain Thumbnail

Couldn’t see eye to eye DraftKings’ pursuit of Entain is over. On Tuesday, the sports betting and daily fantasy sports leader said it has ended talks with Entain about acquiring the partypoker parent company. Neither company gave specifics as to way no deal could be agreed upon. According to UK law (Entain is headquartered in… Read more »

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DraftKings Ups Bid for Entain to $22.4 Billion

DraftKings Ups Bid for Entain to $22.4 Billion Thumbnail

Apparently that wasn’t DraftKings’ best offer Late Tuesday, after partypoker’s parent company Entain confirmed that DraftKings had put forth an offer to buy the UK-based gambling company, Entain pulled back the curtain further, revealing that it was already considering a second offer from DraftKings. The original offer, according to CNBC, was for $20 billion. Entain… Read more »

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DraftKings Agrees to Buy Golden Nugget Online Gaming for $1.56 Billion

DraftKings Agrees to Buy Golden Nugget Online Gaming for $1.56 Billion Thumbnail

DraftKings has announced that it will acquire Golden Nugget Online Gaming (GNOG) for $1.56 billion. The purchase will be an all-stock transaction, no cash. The sports betting company will get GNOG’s brand, products, and arguably most importantly for DraftKings, its database of 5 million customers. “Our acquisition of Golden Nugget Online Gaming, a brand synonymous… Read more »

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“Mattress Mack” At It Again, Riding the Houston Cougars and a $1 Million Bet Into the Final Four

“Mattress Mack” At It Again, Riding the Houston Cougars and a $1 Million Bet Into the Final Four Thumbnail

This has been a weird, unpredictable college basketball season, but what has been predictable is that Jim “Mattress Mack” McIngvale placed yet another whopper of a bet. And with just four teams remaining in the NCAA men’s basketball tournament, he has a chance to win big. The furniture store owner known for making massive bets… Read more »

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BetMGM Online Poker App Debuts in the Google Play Store

BetMGM Online Poker App Debuts in the Google Play Store Thumbnail

No workarounds needed It is starting to get easier to download real money gambling apps to Android devices. Recently, BetMGM became the first real money online poker app to make an appearance in the Google Play store, simplifying the process for poker players in New Jersey to hit the felt on their mobile devices. It… Read more »

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