Posts Tagged ‘DraftKings’
DraftKings Partners With Boston Red Sox For DFS
The Red Sox have partnered with DraftKings, making DraftKings the official DFS provider of the team. DraftKings has made similar deals with the Boston Celtics and New England Patriots. BOSTON – The Boston Red Sox have been winning unexpectedly all year, and are currently leading the AL East. These wins have continued off of the…
Read MoreIllinois Sees Sports Betting Handle And Revenue Dip In May
Sportsbooks in Illinois saw $507.3 million wagered on sports in May. This is a 5.6% decline month over month. Sports betting revenue is also down a whopping 17%. SPRINGFIELD, Ill. – Sportsbooks in Illinois saw a slight decline in sports betting activity in May compared to April’s strong numbers. Sports betting revenue is also down…
Read MoreConstruction For DraftKings At Casino Queen Sportsbook Underway
DraftKings at Casino Queen is adding a 30,000 sq. ft sportsbook to its property that is presently only 8,000 sq. ft. This expansion is costing the owners $10 million to construct and will take about six months to complete. Until it’s officially done, sports bettors can use the DraftKings mobile sportsbook app to place all…
Read MoreOnline Gambling Stocks Take Downturn Amidst COVID Reopening
DraftKings’ stock price is down significantly since February. Other online casino and sportsbook operators have been harder hit. This trend could continue in the future. LAS VEGAS – Online gambling stocks have taken a downturn as regular casinos open up, and the downswing is significant. DraftKings’ stock price has fallen 17% since February, and there…
Read MoreMichigan Online Gambling Climbs Up The Ranks In March
Michigan online gambling in March has totaled $95.1 million in revenue. Michigan online revenue fell short of Pennsylvania in March. DETROIT — After launching in January of 2021, the Michigan online gambling market has gone nowhere but up as they have reported a revenue for online gambling of $95.1 million in the month of March…
Read MoreRiverboat Casinos Sue Scientific Games Over ‘Illegal’ Shuffler Monopoly
DraftKings at Casino Queen in East St Louis Illinois and Casino Queen Marquette are suing Scientific Games (SG) over an alleged illegal monopoly. The lawsuit claims that SG is currently able to set ridiculously high prices on card shufflers without the fear of being undercut. The suit claims that operators are being damaged financially as…
Read MoreMaryland Could Focus On Small Businesses With Sports Betting Bill
Maryland is set to legalize sports betting this legislative session. Their bill will also allow for small businesses and minority-owned businesses to participate in the market. If passed with such a clause, it will be the first in the nation. LAS VEGAS – Maryland’s sports betting legalization process has begun to explicitly include women and…
Read MoreConnecticut Sports Betting Bill Gets iGaming Added To It
If passed, the Mohegan and Mashantucket Pequot tribe would be able to offer online sports betting and casino games. SB 146 also now includes provisions for the state lottery to be able to offer tickets online. HARTFORD, Conn. – Online casino games in Connecticut have been added to an ambitious gambling expansion bill in the…
Read MoreOnline Michigan Sports Betting and Gambling Launches Friday
Michigan has authorized nine gambling operators to launch online sports betting and online gaming throughout the state on Friday. FanDuel, DraftKings, BetMGM, and Barstool Sportsbook are among the nine gambling operators launching in Michigan. Online sports betting in Michigan will be taxed at a rate of 8.4% while online gaming will be taxed between 20-28%.…
Read MoreConnecticut To Legalize Sports Betting In 2021? Lawmaker Thinks So
Signs point to a legalized Connecticut sports betting market in 2021 lawmakers believe. The Nutmeg State would legalize Tribal sportsbooks in the state. HARTFORD, Conn. – Connecticut is pushing forward to get sports betting legalized for the state in 2021. Previous roadblocks to getting legislation approved are no longer issues, clearing the way for passage…
Read More