Tag Archives: DraftKings

DraftKings announces NY Knicks, NY Rangers and MSG partnership

DraftKings has announced a marketing partnership which sees it become the exclusive official sports betting and daily fantasy sports partner of the NY Knicks, NY Rangers and Madison Square Garden (MSG).  As a result, the agreement will see DraftKings benefit from premier brand integration access across MSG’s assets, including digital platforms, in-game promotion and out-of-home signage. Ron Skotarczak, EVP Marketing Partnerships …

Read More »

Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

Read More »

DraftKings serves up Xmas cracker merging with SBTech & Diamond Eagle

A Christmas week update sends shockwaves across the global sports betting marketplace, as US incumbent DraftKings agrees to a three-way combination with sports entertainment fund Diamond Eagle Acquisition Corp and leading industry platform and systems provider SBTech. The respective boards of each company, have agreed to terms forming a new business entity which will trade under the domain ‘DraftKings INC‘, …

Read More »

Hollywood duo Sagansky & Sloan monitoring DraftKings’ options

Top Hollywood financiers Jeff Sagansky and Harry E Sloan are reported to be engaged in a takeover of DraftKings Inc, through their LA-based sports entertainment fund ‘Diamond Eagle Corp’. This morning, Bloomberg reports that the media and finance duo have entered negotiations to buyout Boston-based DFS and sports betting operator DraftKings – with Bloomberg reporting that ‘no transaction has been …

Read More »

US drive helps Kambi record ‘successful’ Q3

Kambi

Publishing its Q3 2019 trading update (period ending 30 September), Kambi Group has detailed strong progress on its regulated market agenda combined with the strengthening of its US commercial pipeline. Despite trading on a ‘quiet sporting calendar’ competing against World Cup 2018 comparatives, Kambi has recorded a 12% increase in Q3 2019 revenues to €23.million, up from €20.5m in Q3 2018, and …

Read More »

Meadowlands maintains NJ edge in record month for betting

Meadowlands

Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …

Read More »

Richest ever speaker line-up makes Betting on Sports the must-attend gambling industry event

Betting on Sports 2019 Final Agenda

Over 70 hours of expertise from nearly 300 speakers await visitors to this month’s Betting on Sports conference, making it the must-attend event for everyone in the sports betting and igaming sectors. Industry leaders sharing their invaluable knowledge as part of a packed programme for the event at Olympia London on 17 – 20 September include no less than 70 …

Read More »

Kambi-Draftkings partnership poised for further expansion in US

Global sports betting provider Kambi has finalised a multi-state contract extension agreement alongside the sports-tech and media entertainment company, DraftKings.  Under the terms of the new extension, provisions have been outlined for the extension of the Kambi-DraftKings partnership into a further eight states, including: Colorado, Indiana, Iowa, Maine, New York, Pennsylvania, Tennessee and West Virginia. Kambi CEO Kristian Nylén explained: …

Read More »

DraftKings debuts ‘Flash Bet’ tool for Wimbledon 2019

DraftKings’ has upped its ‘live betting and instant win’ capacities for sportsbook customers after launching its ‘Flash Bet’ tool. The US bookmaker, which at present operates mobile and retail sportsbook services for the states of New Jersey and Mississippi, will make ‘Flash Bet’ wagering available for Wimbledon 2019 markets. The new wagering tool allows DraftKings sportsbook customers to ‘place live, …

Read More »

Tech hungry DraftKings reported to be eyeing SBTech takeover

Published as a ‘developing news story’, US industry news source LegalSportsReport.com (LSR) informs that DraftKings is on the ‘cusp of acquiring’ online gambling platform provider SBTech in a deal that will have global ramifications for multiple industry stakeholders. In its update, LSR reports that multiple sources have confirmed negotiations between the two parties, but as yet no information has been …

Read More »