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DraftKings Rumored Deal with ESPN Sends Stocks Soaring

DraftKings' stock prices soared 14 percent in overnight trading after unconfirmed rumors of a new partnership with ESPN hit the internet. The overnight price leap came after Bloomberg published a report saying that the two companies had entered into the arrangement based on "reports from people familiar with the matter." From there everything else is…

California’s Props 26 and 27 Finding Little Support Among Voters

Regulated sports betting and gaming expansion measures have found tremendous support in the United States over the past few years, but California is proving to be an exception. According to recent polling, Golden State voters are on track to reject both Proposition 26 and 27 when they take to the polls in November. Proposition 26,…

UK Law Firm Predicts More License Suspensions from UKGC

If you've been thinking that the UK Gaming Commission (UKGC)is getting a lot more serious about handing out massive fines and gaming license suspensions, you're not alone. Earlier this year, when the Commission handed out a massive £17 million ($19.3 million USD) fine to Entain for social responsibility violations, industry watchers, including UK gaming attorney…

DraftKings ‘Pink ‘Em’ Initiative Raising Cash for Breast Cancer Research

October is Breast Cancer Awareness Month and DraftKings is getting on the action by re-launching its "Pink 'Em" charity initiative in association with the Larry Fitzgerald Foundation. The aim of the initiative is to raise $100,000 for breast cancer research and awareness initiatives. Pink 'Em is, as the name implies, connected to a group of…

MLB Partners with AGA to Combat Problem Gambling

Major League Baseball (MLB) is teaming up with the American Gaming Association (AGA) in an effort to help curb problem gambling. The two entities will be coordinating on AGA's Have A Game Plan Bet Responsibly program, which will include plenty of public service announcements aimed at educating fans on the virtues of responsible sports betting.…