DraftKings Reports Net Loss Of $350M in Q3, But Stock Jumps 10% On Growth
DraftKings Reports Net Loss Of $350M in Q3, But Stock Jumps 10% On Growth Read More
Posted on: November 13, 2020 |
Data Company Genius Sports Going Public Via SPAC, Valued At $1.5 Billion
Genius Sports will list on the New York Stock Exchange in a reverse merger process that values the firm at more than $1.5 billion. Read More
Posted on: October 27, 2020 |
DraftKings To Raise $1 Billion Through Stock Offering; Company Has Record Quarter Despite Poor NFL Results
DraftKings' online sports betting handle jumped 460% in Q3, according to figures filed on Monday as part of a new share offering that will raise a billion dollars. Read More
Posted on: October 5, 2020 |
Caesars Agrees To $3.7 Billion William Hill Takeover: What You Need To Know
The agreement also kickstarts a second M&A process, as Caesars now looks to sell off William Hill's non-US business. Read More
Posted on: September 30, 2020 |
Why Caesars Is In Pole Position With $3.7 Billion Offer In William Hill Bidding War
Caesars has warned it could terminate its existing US joint venture with William Hill if the bookmaker is acquired by Apollo Global. Read More
Posted on: September 28, 2020 |
Bidding War? William Hill Stock Up 30% On Takeover Interest From Caesars And Apollo
William Hill confirms widely rumoured interest from Caesars and Apollo, with the two purchasers now given 28 days to make a firm offer. Read More
Posted on: September 25, 2020 |
ESPN Goes Big On Sports Betting, Will Integrate DraftKings, Caesars And William Hill
DraftKings and William Hills will get co-exclusive sportsbook integrations across ESPN digital platforms, including the ESPN Fantasy app. Read More
Posted on: September 14, 2020 |
Another Sportsbook Coming To Illinois As Unibet Secures Market Access
Kindred has secured market access for its flagship Unibet brand thanks to 10-year deals with Penn National in Ohio and Illinois. Read More
Posted on: September 8, 2020 |
Is Offshore Sportsbook 5Dimes Eyeing Regulated Market After Freezing US Customers?
The Costa Rica-based outfit will stop taking bets from US customers at 12am ET on September 21 .as it embarks on a “new business venture”. Read More
Posted on: September 7, 2020 |
DraftKings Stock Surges As Michael Jordan Joins Board As ‘Special Advisor’
Former Chicago Bulls superstar Jordan will act as a "special advisor" to DraftKings in return for an equity stake in the business. Read More
Posted on: September 2, 2020 |