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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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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US sportsbook DraftKings has confirmed that it will collaborate with data provider Sportradar to offer live-streamed sports games within its mobile app. The aim, said the firm, is to provide customers with a seamless entertainment experience in one convenient location. Pursuant to state regulations, DraftKings Sportsbook customers who are logged in to their active accounts and have a wallet balance above $0.00 …
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Amid global COVID-19 disruptions, US analysts are monitoring DraftKings developments closely as the DFS and sportsbook operator pursues its 2020 agenda of listing on the US Nasdaq exchange this April. This morning, the firm published the following statement which read: “We are pleased that our registration statement was declared effective by the U.S. Securities and Exchange Commission this morning, which …
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For this month’s Better Collective Spotlight, we take a look at the weather. Yes, you read that right. The weather is one of the ‘nerdy’ aspects of the sports analysis on RotoGrinders.com, which helps its community to identify the right fantasy sports picks and place winning sports bets. RotoGrinders.com is known for presenting a wealth of information to both die-hard and …
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DraftKings has added to its internal compliance team with the appointment of Christine Thurmond as Director of Responsible Gaming, reporting to Chief Compliance Officer Tim Dent. In her remit, Thurmond is charged with leading the expansion of DraftKings’ new responsible gaming frameworks across igaming, sportsbook, and fantasy sports disciplines. Thurmond joins DraftKings from her most recent role as a senior business contributor at the Massachusetts Council on …
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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 …
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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 …
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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‘, …
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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 …
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