DraftKings eyes prediction market with new business registration
An American gambling company offering sportsbooks and daily fantasy sports services, DraftKings, announced its debut in the prediction markets space by registering a new...
DraftKings holds the crown with the highest jackpot of $6.5M
An American gambling company, DraftKings, offering sportsbooks and daily fantasy sports services, makes history in Michigan with the highest jackpot of $6.5 million.
On October 19, DraftKings announced that its online casino jackpot had surpassed $6.5 million and continues to climb, with no winners reported yet. This achievement sets a new record for Michigan, surpassing the previous record of $6,450,023 from BetMGM casino with only a $200 wager on the Fruit Blaster slot in August 2024.
While Americans are used to hearing about massive jackpots in traditional lottery games like Mega Millions, the news of huge online casino jackpots adds new, thrilling excitement towards the gambling market. However, the current jackpot is exclusively for Michigan players. This means that only those players who are located in the state will have the chance to try their luck.
Although this jackpot doesn’t match the impressive $39.7 million Megabucks win in Las Vegas in 2003, it is still significant as an online achievement, proving the growing popularity of online gaming. Players are now eagerly waiting for the news of the jackpot surpassing the $7 million.
DraftKings’ strategies
By doubling its market share and customer base, DraftKings continues to strengthen its footprint in the online gambling market to surpass competitors like BetMGM. Recently, DraftKings has launched a new loyalty program, advancing the overall gaming experience for users as they pursue the ever-growing jackpot.
DraftKings extortion lawsuit moves forward
A New York federal court is allowing VIP player Steven Jacobs' lawsuit against DraftKings to move forward.Jacobs sued DraftKings last June, claiming the company worked...
