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DraftKings soars 10% amid exclusive New York Giants deal, and with Big 10 football set to resume

The jump notched another record intraday high for the sports betting company, which has gained roug…

Emily Graffeo   


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Sports gambling is on the rise: See every state where betting is legal or may soon be

Since the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA), the…

Cork Gaines   


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1 min read

DraftKings climbs 7% after beating earnings estimates and boosting full-year sales forecast

The company posted quarterly revenue of $298 million, topping Wall Street's estimates, and revised …

Isabelle Lee   


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1 min read

Tilman Fertitta-backed Golden Nugget spikes 55% after DraftKings agrees to buy it for $1.56 billion

The deal, which involves two online-gaming giants, is expected to close in early 2022.

Isabelle Lee   


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2 mins read

The CEO of DraftKings says he's looked into adding crypto as a form of payment, but regulations are preventing it

"As of now, crypto is not an approved payment type in any of the states where we're live," Robins s…

Isabelle Lee   


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New York's sky-high sports betting tax rate could make it hard for companies like DraftKings and FanDuel to profit in the state

New York in January became the largest US state to embrace online sports betting, but the state has…

Ashley Rodriguez   


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2 mins read

DraftKings soars as much as 18% after making trading debut amid sports lockdown and intense market volatility

The betting platform went public through a unique merger that allows shares to begin trading withou…

Ben Winck   


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6 mins read

How sports betting is changing the media industry in the US

The ties between US sports media and gambling are deepening, thanks to brands like DraftKings and B…

Ashley Rodriguez   


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1 min read

Cathie Wood bought the dip in DraftKings after $20 billion Entain buyout news sent shares tumbling

Despite Wood's bullishness, on Thursday research firm Hedgeye said DraftKings was one of the best s…

Ethan Wu   


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3 mins read

The best value plays in your DraftKings lineup for Week 1 of the NFL season

This week we're backing Jalen Hurts, Melvin Gordon, and Kyle Pitts to outplay their prices on Draft…

Tyler Lauletta   


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1 min read

ESPN is reportedly looking to license its brand for at least $3 billion amid a boom in the sports-betting industry

ESPN is now in discussion with firms including Caesars Entertainment and DraftKings, sources told T…

Isabelle Lee   


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2 mins read

Tom Brady's NFT platform partners with DraftKings and Lionsgate to offer sports and entertainment-themed digital collectibles

Autograph is launching exclusive deals with Tiger Woods, Wayne Gretzky, Derek Jeter, Naomi Osaka, a…

Isabelle Lee   


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1 min read

The NFL is launching fantasy football NFTs in a partnership with DraftKings

The NFL Players Association has partnered with DraftKings to launch NFTs ahead of the 2022-2023 sea…

Phil Rosen   


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2 mins read

DraftKings is reportedly eyeing sports betting acquisitions

Insider's top advertising and media stories for March 2.

Lauren Johnson   


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2 mins read

Sports betting giant DraftKings is going public with a triple-merger deal and a $3.3 billion valuation

"DraftKings is already a premier online fantasy sports and betting platform," Diamond Eagle foundin…

Ben Winck   


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The best value plays in your DraftKings lineup for Week 2 of the NFL season

With a limited budget at your disposal, the most important part of building your lineup is finding …

Tyler Lauletta   


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1 min read

The best value plays in your DraftKings lineup for Week 1 of the NFL season

Daily fantasy is all about finding value. With a limited budget at your disposal, the most importan…

Tyler Lauletta   


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3 mins read

Online poker and casino games have tripled their revenue from last year as real-world casinos shut their doors

"iGaming," the industry term for online casino games, totaled a record-breaking $402 million in rev…

Isabella Jibilian