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DraftKings and PGA TOUR Extend Marketing Partnership

The PGA TOUR and DraftKings are extending their marketing and content partnership for an additional three years. Under the terms of the deal, DraftKings will remain the official betting partner of professional golf's most prestigious organization until at least the year 2024. DraftKings' and the PGA TOUR's relationship, and its success, show just how profoundly…

MGM Resorts ready to fight for BetMGM

Officials at MGM Resorts are ready to fight tooth and nail in an effort to prevent DraftKings from purchasing Entain, the company that’s currently running MGM’s sports betting arm - BetMGM. MGM Resorts made that sentiment very clear in a tersely-worded press release that’s adding some interesting wrinkles to one of the biggest gaming industry…

Entain verifies DraftKings $20B buyout offer

DraftKings, one of the biggest names in regulated US sports betting, is making a move to purchase one its biggest rivals in a deal that could be worth something north of $20 billion (USD). The offer, which was confirmed by officials at Entain, could mostly be viewed as a major move on the US market…

DraftKings pairs with Simplebet for micro-betting action

US sports betting giant DraftKings is entering into an agreement with Simplebet that will see the company's micro-betting products implemented on its platform. It's a deal that will greatly enhance DraftKings' live betting capabilities to the level of individual pitches and other fleeting moments in the sporting world. It's also a deal that raises the…

DraftKings set to acquire GNOC for $1.56 billion in stock

DraftKings is acquiring Golden Nugget Online Gaming (GNOG) in a $1.56 billion all-stock deal that could, potentially, open the DraftKings brand to an older demographic. The deal will also put around $700 million worth of DraftKings shares into the portfolio of GNOG chairman and chief executive Tilman Feritta. Under the terms of the deal, DraftKings…