DraftKings Shareholder Meeting Brings Them Closer To Going Public

DraftKings

DraftKings and SBTech acquisition by Diamond Eagle Acquisition Corp. has been approved by shareholders. This brings the company one step closer to being a publicly-traded company. The final phase is the actual business combination being completed, this has not been given a set date as of yet. BOSTON, Mass. – DraftKings has gotten one step … Read more

DraftKings, Inspired Entertainment Join For Virtual Sports Betting

DraftKings - Inspired Entertainment

Major sports betting platform DraftKings has signed a partnership with virtual sports company Inspired Entertainment. Inspired creates virtual sports simulations that will now be available to wager on through the DraftKings system. ATLANTIC CITY, NJ – Inspired Entertainment revealed last week a partnership with DraftKings to bring its new V-Play Plug & Play system to … Read more

DraftKings To Merge With SBTech Becoming First Public Sportsbook

DraftKings - SBTech - Security and Exchange Commission

After the merger with Diamond Eagle, DraftKings will combine with SBTech and become a publicly-traded company. The deal is valued at approximately $2.7 billion. This will make DraftKings the first sportsbook on the New York Stock Exchange. BOSTON, Mass. – DraftKings and SBTech will officially merge along with Diamond Eagle Acquisition to create the first … Read more

The Sportsbooks Of West Virginia And Super Bowl LIV Odds & Ends

The Sportsbooks Of West Virginia

The people of West Virginia have a couple of great sportsbooks open and taking bets for SB54. Odds vary between each of the sports betting applications giving a reason for gamblers to shop lines to find the best wagers. Super Bowl LIV will see the Kansas City Chiefs face off against the San Francisco 49ers. … Read more

NFL Betting Recap Week 7: Sportsbooks Win Big From Skins’ Cover

San Francisco 49ers and Washington Redskins

Over a quarter of all NFL betting action at William Hill was placed on the San Francisco 49ers and Washington Redskins game. Some bettors that took a chance on the Atlanta Falcons or Chicago Bears – both playing at home – lost sizeable wagers. One bettor at DraftKings Sportsbook has the ability to turn a … Read more

NFL Week 6: Sportsbooks Win Big On Chiefs, Cowboys Bettors

Tennessee Titans

The Kansas City Chiefs and Dallas Cowboys both lost their matchup despite being favored. The Tennessee Titans and LA Chargers also helped sportsbooks hold onto profits for the week. Sportsbooks like DraftKings, FanDuel, and PointsBet were also hit with huge parlays from bettors. TALLAHASSEE, Fla. – Another week of betting action is in the books … Read more

Mattress Mack Wins Big As Astros Advance To Pennant Series

Jim “Mattress Mack” McIngvale

The New York Yankees ended their regular season with a record of 103-59, making the 1st in the AL East. The Houston Astros had a record of 107-55 and ranked 1st for the AL West. Superfan “Mattress Mack” from Houston has put down millions in wagers for the Astros to win the World Series. HOUSTON … Read more

DraftKings Takes A Small Hit On The Books With Colts Promotion

Indianapolis Colts

The Indianapolis Colts beat the Kansas City Chiefs on Sunday Night Football. So far, this has been the largest upset of the NFL season, as the Chiefs were -10.5 points. DraftKings launched their sportsbook in Indiana and an odds boost hurt their bottom line. TALLAHASSEE, Fla. – After Week 5 of the NFL, some bettors … Read more

Online Sportsbooks Report Spike In NFL Wagers

Online Sportsbooks Report Spike In NFL Wagers

The NFL is the most bet on sport for any sports bettor. Dramatic increases in wagers were seen for Week 1 in the NFL. Sportsbooks would not divulge exact numbers, but the popularity for sports betting has clearly exploded. NEW YORK – Both FanDuel and DraftKings reported better opening NFL season numbers than last year’s … Read more

US Mobile Sports Betting Is A Multi-Million Dollar Industry

Mobile Sports Betting

In their first year of legalized sports betting, New Jersey residents bet $3.2 million on sporting events and $2.4 million of those wagers came from their internet/mobile platforms. June 2019 showed that 83% of all sports wagers done in the state of New Jersey were done online while only 17% occurred at sports betting locations. … Read more