Tag Archives: DraftKings

Jason Ader launches ’26 Capital’ SPAC on Nasdaq NY

M&A developments continue apace in the US market, as ‘26 Capital Acquisition Corp’ filed its initial IPO offering with a listing this morning on the Nasdaq Capital Market. Trading under the ticker ‘ADERU’, 26 Capital is the new ‘special purpose acquisition company’ (SPAC) of billionaire gambling investor Jason Ader, who serves as the company’s CEO. Debuting on the Nasdaq exchange, …

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MGM confirms ‘compelling’ proposal for Entain shares

US casino giant MGM Resorts International has confirmed that it has proposed a merger with its US sports betting and igaming partner Entain plc, but has refused to say if a firm offer to acquire the company will follow. It has also been confirmed that the offer consists of 0.6 MGM shares for each Entain share, representing a value of …

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MGM Resorts makes moves to acquire Entain Group

US casino giant MGM Resorts is attempting to acquire the Entain Group, the new name for the recently rebranded GVC Holdings, according to the Wall Street Journal. Entain operates several global gaming brands, including Ladbrokes, Coral, Bwin, PartyPoker , SportingBet, Gala Bingo, Eurobet and Betboo, but is already a partner with MGM in the burgeoning US sports betting and gaming …

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MansionBet expands platform agreement with DraftKings B2B

DraftKings Inc has announced a major partnership renewal for its B2B technology unit (formerly SBTech) as Gibraltar-based Mansion Group renews and expands its existing platform arrangement. Updating stakeholders, Mansion Group confirms that DraftKings B2B will continue to serve as lead platform provider for its flagship MansionBet brand, servicing its lead software for online casino and sportsbook services. As lead technology …

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BOSE Digital: How fantasy sports differentiates itself from other sports products

Betting on Sports Europe - Digital

Speaking on the first day at the Betting on Sports Europe – Digital, Bjorn Fjellby, Co-founder of FanTeam, instructed delegates on how to effectively use fantasy sports as a complementary tool for sportsbooks to both acquire and retain customers. Taking part in a discussion entitled Reducing CPAs with Fantasy Sports, which was sponsored by Scout Gaming, Fjelby explained: “It’s a …

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Barcelona Summit: Betting in the midst of changing technology and social cycles

A captivating discussion on the generational change that sports betting is currently witnessing opened the SBC Summit Barcelona – Digital conference agenda. Two executives locked in the eye of the storm are Jason Robins, CEO of DraftKings, and Sportradar founder Carsten Koerl, who were both on hand to debate 2020’s sweeping reform of betting’s global landscape and standard operating norms.   …

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DraftKings launches SBTech-powered sportsbook in Ireland

DraftKings has gone live in Ireland after launching a new online sportsbook as its first international test for its new in-house SBTech platform provider. The soft launch of Sportsbook.draftkings.ie marks the operator’s first launch outside of the US. The sportsbook is registered by Crown Gaming Malta Ltd under a remote bookmaker’s licence issued by the Office of the Revenue Commissioners. …

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Sportradar’s Carsten Koerl and DraftKings’ Jason Robins to open SBC Summit Barcelona – Digital

Carsten Koerl and Jason Robins at SBC Summit Barcelona - Digital

SBC Summit Barcelona – Digital is set to open with two of the sports betting & gaming industry’s most influential figures, when Carsten Koerl (CEO & Founder, Sportradar) and Jason Robins (Chairman, CEO & Co-Founder, DraftKings) take part in an exclusive In Conversation session. The theme of the event’s keynote, which is scheduled for Tuesday 8 September at 10am CEST, …

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Kambi and DraftKings agree on final closure terms

Further to publishing its 2020 interim statement this morning, Kambi Group has disclosed that it has reached a ‘mutual agreement’ regarding the phased conclusion of its US wagering partnership with DraftKings Inc. In 2018, Kambi secured its highest-profile US partnership win, becoming lead wagering systems provider for leading fantasy sports operator DraftKings, beginning its new venture in the nascent US …

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DraftKings CBO – Industry ‘only just scratched the surface’ of US sports betting

Ezra Kucharz, Chief Business Officer at DraftKings, believes there are still big things to come from the US market when it comes to sports betting and told audiences at the SBC Digital Summit North America that the industry can play a huge role in fan engagement for US sports while they are unable to allow spectators at games. “What is …

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