Draftkings Sportsbook News
Below you will find all the most recent news pertaining to Draftkings Sportsbook. The company initially began as an operator of daily fantasy sports and still is successful in that space. Draftkings and Fanduel together own better than 70% of the sports betting market share in New Jersey. The company also operates a mobile site in West Virginia. It is expected to launch a mobile sports betting app soon in Pennsylvania and currently operates retail outlets in Mississippi and New York. Contact us here to have your company news featured on Gambling911.com today
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Draftkings Makes PA Debut
(November 7, 2019) - DraftKings Inc. today announced the launch of its digital sportsbook app in Pennsylvania. Following DraftKings’ recent expansion into West Virginia and Indiana with its top-rated mobile and online sportsbook, DraftKings now officially offers fans in Pennsylvania an elevated gaming experience. Arriving during the middle of the 2019 NFL season and the start of NBA, fans in the Keystone State can take advantage of advanced in-app features including in-game betting, odds boosts, props and futures, as well as FlashBet for major U.S. and international sports.
“We have seen immense success over the last year with our sportsbook product and are thrilled for this pivotal next step as DraftKings expands into Pennsylvania,” said Jason Robins, co-founder and chief executive officer at DraftKings. “Pennsylvania is home to two of the biggest sports cities in the world and multiple big-time college programs, with some of the most die-hard fan bases of all-time. We could not be more excited to introduce those fans to our top-rated mobile sportsbook and provide them with the unrivaled experience that has become synonymous with DraftKings.”
The demand for sports betting among Pennsylvanians is immense as the Philadelphia Eagles and Pittsburgh Steelers are among the most bet teams to win Super Bowl LIV. DraftKings’ ability to allow users to bet on the nation’s most popular sport is emblematic of the All-American company’s commitment to reinforcing its position at the forefront of sports entertainment innovation by once again expanding its national reach. To date, DraftKings Sportsbook has already surpassed the $1 billion threshold for total handle, and Pennsylvania bettors appear poised to boost that figure further.
Draftkings Potential Acquisition Could Take Company Public
(October 31, 2019) - IThis week, the company was the subject of a report that it is in takeover talks with the investment company Diamond Eagle Acquisition Corp. A deal could potentially help DraftKings go public or merge with another firm.
Two people with knowledge of the situation and who asked to remain anonymous confirmed the talks, which were first reported by Bloomberg, but stressed that a deal is not certain.
“I don’t think that this would come as a surprise to anyone,” said Sara Slane, founder of Slane Advisory, a consulting firm working in the field. “Obviously, the sports-betting industry right now is red hot, and DraftKings has done a great job positioning themselves early on.”
DraftKings is in talks to go public via a reverse merger
— Non-official feed for «Axios Top Stories» (@axiostopstories) October 31, 2019
DraftKings is in talks to go public via a reverse merger with a blank-check acquisition company called Diamond Eagle, as first reported by Bloomberg and confirmed by Axios.
The state of play: If … https://t.co/41ixg0p1jb
DraftKings reportedly in sale talks with Diamond Eagle Acquisition: US fantasy sports and gambling operator DraftKings is reportedly in advanced talks with special-purpose acquisition company (SPAC) Diamond Eagle Acquisition over a… https://t.co/GcIL5rZrJa #Igaming #LatestNews pic.twitter.com/ZPt2SPnk1l
— SBC NEWS (@SBCGAMINGNEWS) October 31, 2019
Draftkings Making Good First Impression in NH
(October 30, 2019) - It looks like Draftkings is about to enter another state market. The company captured top scores in both segments, edging 12 other operators going for a mobile contract and five others looking for a retail contract.
New Hampshire appeared less impressed with Kambi and MGM Resorts/GVC joint venture ROAR Digital.
From LegalSportsReport:
Their proposals fell short of DraftKings Sportsbook, which was the only mobile and retail operator selected for a contract. Intralot was selected on the lottery side.
This might not be the end for the other bidders, however. New Hampshire authorized up to 10 mobile operators and up to five retail operators.
DraftKings won the New Hampshire Lottery's RFP process for sports betting https://t.co/ELIehhJAQl
— BettingUS.com (@BettingUS_com) October 30, 2019
Draftkings Mobile Launches in Indiana, Just Weeks Away in PA
(October 3, 2019) -
Jamie Shea, Head of Sports Book Digital, thinks @DKSportsbook will have its mobile app permitted and purring in #Pennsylvania in about a month. Company launched as one of two mobile options - with @PlaySugarHouse - in Indiana today. @bookies #sportsbetting
— brant james (@brantjames) October 3, 2019
"With Indiana becoming the latest state to offer legalized online and mobile sports betting, we are excited to provide the top-rated sportsbook app to some of the nation’s most passionate and dedicated sports fans," Matt Kalish, co-founder and chief revenue officer of DraftKings, said in a press release.
Bulls Season Win Total Increases
(September 30, 2019) - Odds available to all courtesy of AmericasBookie (accessible to most sports bettors in North America and beyond):
Bulls win total jumped at Caesar's the last few weeks, it's up to 34.5. PointsBet and FD are at 32.5, DK is most conservative at 31.5. Westgate in the middle at 33.5.
— Hardwood Paroxysm (@HPbasketball) October 2, 2019
Draftkings Takes $195K Bet on Browns Moneyline Win
(September 16, 2019) -
DraftKings took a $195K bet placed on a mobile device on the Browns to win straight up tonight. Would net $66K. https://t.co/h6GERAMHb9
— Darren Rovell (@darrenrovell) September 17, 2019
Online Sports Betting in West Virgina Finally Thanks to FanDuel, DraftKings
(August 26, 2019) - From LegalSportsReport: "WV sports betting will provide the first true head-to-head competition between DraftKings Sportsbook and FanDuel Sportsbook. No other operators appear ready to launch before football kicks off in West Virginia, so it’s a two-app race for now."
Can't Bet the Little League World Series Online With Draftkings
(August 16, 2019) - Due to regulatory provisions, US-based FanDuel and Draftkings will not be offering betting on this year's Little League World Series.
“There is a demand for it," remarked Gambling911.com President Christopher Costigan. "We are seeing plenty of folks inquiring as to where they can bet and what the latest odds are."
FanDuel and other US state regulated companies are prevented from offering odds on sports involving those under the age of 18.
- Mary Montgomery, Gambling911.com
