Daily fantasy sports (DFS) giant DraftKings has received approval to expand its operations into the northern part of Australia. It's a big move for the operator that opens its services to millions of new customers. News of DraftKings' move broke earlier this week when the operator received approval from the Northern Territory Racing Commission to…
Daily fantasy sports (DFS) giant, DraftKings is looking to partner up with an Atlantic City casino in hopes of making a splash in the (potentially) forthcoming regulated US sports betting market. It's a move that could open DFS to massive, new markets, but is also at odds with the DFS industry's stance that their product…
Daily fantasy sports giant DraftKings is bucking months of bad news about spiraling revenues and corporate layoffs with by moving into a shiny new corporate headquarters and hiring hundreds of new employees. The move is part of a larger effort to expand the company's media production capabilities and, maybe, expand into the world of regulated…
DraftKings is planning a major expansion of its international markets to include operations in both Ireland and Australia, according to a report on Legal Sports Report. This marks the company’s first big push into foreign markets since its proposed merger with rival FanDuel collapsed earlier this year. Company officials pointed to the large numbers of…
Lawmakers in Ohio are considering a bill that would legalize daily fantasy sports for Buckeye State residents (many of whom are already playing them). If passed, the proposed measure would provide a big win for DraftKings and FanDuel, as well as the daily fantasy sports business at large. Cracking the football-crazy Ohio market would be…
DraftKings and FanDuel have struck a deal with the Massachusetts Attorney General that will allow them to operate in the state, despite claims that they've engaged in unfair consumer practices. As part of the arrangement, each company will pay out a $1.3 million fine and accept certain changes to their business practices in the state.…
DraftKings, the once ubiquitous US daily fantasy sports site, is looking to expand its international operations to Ireland. It's the first major expansion announcement from the company since US regulators put the brakes on its proposed merger with its biggest rival, FanDuel. News of the proposed expansion was first reported by business news site Fora.com…
The proposed merger between daily fantasy sports giants, FanDuel and DraftKings has been called off. Company officials called off the deal late Thursday but questions about the fate of both companies will be lingering for the foreseeable future. Joining the two biggest names in the daily fantasy sports world seemed like a plausible, even a…
Everyone knows that FanDuel and DraftKings are the biggest names in the daily fantasy sports business. But there's something else that investors looking to finance the companies are told on a regular basis...both companies are losing piles of cash every quarter. Word of the cash hemorrhaging from the companies came in the form of a…
The US Federal Trade Commission (FTC) has filed suit in an effort to block the proposed merger of daily fantasy sports giants DraftKings and FanDuel. This is very bad news for the beleaguered US-facing daily fantasy sports industry. In filings associated with the lawsuit, FTC lawyers stated that their efforts are being made in order…
News in the iGaming and Sports Betting affiliate world moves fast.
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