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…

DraftKings earnings report reveals subpoena and audit bombshells

DraftKings' Q2 earnings included the bombshell news that the sports betting operator is being audited by the Internal Revenue Service (IRS) and was subpoenaed by the Securities and Exchange Commission (SEC) regarding activities undertaken by its recent SBTech acquisition. Both cases have the potential to cause major headaches for DraftKings, though company officials deny engaging…

DraftKings to partner on upscale sports bars

DraftKings has carved out a massive chunk of the regulated US sports betting market by constantly innovating and breaking new ground. The savvy operator has led the way in crafting sponsorship deals with professional sports teams and venues, and is now looking to break into the hospitality business with a chain of sports betting-themed sports…

DraftKings poised to enter NFT market

DraftKings has come a long way since it started life as startup in a garage back in 2012. After dominating the daily fantasy sports market, and occupying a massive chunk of the US sports betting market, the company is entering a new market; non fungible tokens (NFT). Earlier this week, the innovative gaming company announced…

NFL partners with Caesars Entertainment, DraftKings and FanDuel

The National Football League (NFL) is partnering with Caesars Entertainment, DraftKings and FanDuel as their official sports betting partners in a deal that will be very valuable to everyone involved. It's also a deal that highlights the supreme hypocrisy of the league that worked tirelessly for decades to prevent regulated sports betting from existing anywhere…