Mike Hermalyn escalates legal battle against DraftKings
The legal battle between DraftKings and Mike Hermalyn, former employer, is still heated.Hermalyn made several new claims, one involving CEO Jason Robins, in a recent...
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DraftKings and Flutter shares fall after Illinois Senate approves tax hike
DraftKings and Flutter shares went down on Tuesday after the Illinois Senate approved a budget that nearly tripled the state's tax rate on regulated sportsbooks.On the...
DraftKings acquires Jackpocket in a $750M deal
On May 23rd DraftKings completed the $750 million acquisition of lottery courier Jackpocket.The company stated that this transaction will strengthen its capacity to...
DraftKings wins legal battle against former VP
In its legal battle with Mike Hermalyn, its former vice president of VIP, DraftKings came out victorious.Hermalyn's participation at his new company, Fanatics Betting...
DraftKings appoints first Chief Responsible Gaming Officer
Lori Kalani is the first Chief Responsible Gaming Officer at DraftKings.She will be accountable for enhancing the organization's player safety and protection initiatives...
DraftKings faces lawsuit over “risk-free” bets
Due to its advertising "risk-free" bets, DraftKings is currently the target of a federal class-action lawsuit in the Southern District of New York.Plaintiff Samantha...
DraftKings & Flutter stocks drop 6% on regulation concerns
Stocks of DraftKings and Flutter Entertainment fell by over six percent.This drop was brought on by concerns that US sports betting companies, such as DraftKings and...
US betting companies unite: ROGA for responsible gaming
Together, the top seven sports betting companies in the US form the Responsible Online Gaming Association (ROGA).Cooperation in addressing issues associated with...
DraftKings considering RSI purchase
DraftKings is among the many potential buyers that RSI, an online gaming company located in the US, has reached out to.With its BetRivers brand controlling approximately...
