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DraftKings Spent $700K on Private Jet Travel for CEO Robins in 2023

draftkings-spent-$700k-on-private-jet-travel-for-ceo-robins-in-2023

DraftKings (NASDAQ: DKNG) spent $700K on private air travel last year for cofounder and CEO Jason Robins. DraftKings CEO Jason Robins. The company spent $700K on private air travel for him last year. (Image: Getty Images) That detail was revealed in the company’s annual report, which was published Thursday in conjunction with the operator’s fourth-quarter earnings release. In the filing with the Securities and Exchange Commission (SEC), DraftKings noted that starting in 2022, it chartered, “without markup,” a private jet owned by the chief executive officer “for the business and personal travel of Mr. Robins and his family.” The Company had no direct or indirect interest in such private plane.

Florida Regulators Tell Some Fantasy Sports Firms to Cease Operations

florida-regulators-tell-some-fantasy-sports-firms-to-cease-operations

The Florida Gaming Control Commission has sent cease-and-desist letters to three fantasy sports operators that allow players to bet against the house. Traditional DFS (daily fantasy sports) games are played among pools of players or peer-to-peer. The Florida Gaming Control Commission has sent cease-and-desist orders to three fantasy sports companies that run pick’em contests. State regulators say the prop-like bets violate Florida law. (Image: Casino.org) Known as “pick’em” fantasy sports, players on such apps bet whether a roster of players they assemble will go over or under a point total calculated by the operator. In Florida, three companies have run such games, including PrizePicks, Betr, and Underdog Fantasy. On January

Nevada Oddsmakers Squeak Out Super Bowl Win to Continue Streak

nevada-oddsmakers-squeak-out-super-bowl-win-to-continue-streak

Nevada oddsmakers came out on top of Sunday’s Super Bowl LVIII, but by a slim margin. Taylor Swift embraces Travis Kelce after his Kansas City Chiefs won Super Bowl LVIII on Sunday, Feb. 11, 2024. Nevada oddsmakers won $6.8 million on the big game. (Image: Getty) The Nevada Gaming Control Board (NGCB) reports that $185.6 million was wagered on the big game between the Kansas City Chiefs and San Francisco 49ers. The handle easily set a new record, eclipsing the previous all-time mark of $179.8 million set in 2022, when the Los Angeles Rams played the Cincinnati Bengals. Despite the historic betting, the two-point underdog Chiefs winning in overtime against

Marina Bay Sands Leads, FanDuel, Wynn Also Among Most Valuable Gaming Brands

Las Vegas Sands’ Marina Bay Sands was named the world’s most valuable gaming brand in a survey released last month by Brand Finance. The initial rankings were of roughly 500 global brands across a variety of industries. A DraftKings advertisement featuring former Boston Bruin star Zdeno Chara is seen outside Fenway Park in Boston. DraftKings is one of the most valuable, fastest-growing gaming bands. (Image: AP) Brand Finance recently released industry-specific rankings of brand value, giving companies, consumers, and investors a sense of some of the other valuable gaming marks. After Marina Bay Sands, the top five are rounded out by FanDuel, Genting, DraftKings, and Wynn Resorts. FanDuel and DraftKings

Taylor Swift and Travis Kelce’s Las Vegas Super Bowl Hideout Revealed

taylor-swift-and-travis-kelce’s-las-vegas-super-bowl-hideout-revealed

Britain’s The Daily Mail has leaked the location where America’s most beloved celebrity couple will sleep the night before the Super Bowl. Or at least where Taylor Swift and Travis Kelce will try to sleep. “Villa de Swelce” features four bedrooms and six bathrooms in nearly 9K square feet of living space, with 300 feet of private waterfront. (Image: Zillow) Kansas City Chiefs tight end Travis Kelce rented the opulent villa on Lake Las Vegas because it’s a short distance from the Westin Lake Las Vegas, where his teammates are staying before the big game. While the Chiefs’ hotel is plenty posh, Kelce quite understandably wanted more privacy than it

FanDuel to Alter ‘Kick of Destiny’ Commercials Following Death of Carl Weathers

fanduel-to-alter-‘kick-of-destiny’-commercials-following-death-of-carl-weathers

FanDuel will make changes to the “Kick of Destiny” commercials that featured actor Carl Weathers, who passed away earlier today at the age of 76. Actor Carl Weathers (driver) and retired NFL star Rob Gronkowski in a FanDuel commercial. Weathers died earlier Friday. (Image: FanDuel) The largest online sportsbook had been running advertisements featuring Weathers and former New England Patriots and Tampa Bay Buccaneers tight end Rob Gronkowski in the run-up to the Super Bowl on Feb. 11. This year’s spots were framed as a sequel to a 2023 campaign in which Gronkowski missed a 25-yard field goal. We are deeply saddened to learn of the passing of Carl Weathers,”

Super Bowl LVIII Will Feature Just Three Sports Betting Commercials

super-bowl-lviii-will-feature-just-three-sports-betting-commercials

Super Bowl LVIII will be played on Sunday, February 11, in the gambling capital of the world, Las Vegas. But the big game will feature just three commercials promoting sports betting. The Vince Lombardi Trophy, awarded annually to the winners of the Super Bowl, stands in front of the Welcome to Fabulous Las Vegas sign on the southern end of the Strip. Super Bowl LVIII will go down from Las Vegas’ Allegiant Stadium on Feb. 11, 2024. (Image: NFL) With the cost of a 30-second commercial at about $7 million, only FanDuel and BetMGM are wagering on getting a return on a Super Bowl advert. NFL executives revealed this week

Super Bowl Room Rates Could Topple Las Vegas Strip Records, Says Analyst

super-bowl-room-rates-could-topple-las-vegas-strip-records,-says-analyst

On Sunday, the Kansas City Chiefs and San Francisco 49ers clinched spots in Super Bowl LVIII. The big game could break records for room rates on the Las Vegas Strip, according to one analyst. The Welcome to Las Vegas sign. Hotel rates on the Strip could set records during Super Bowl weekend. (Image: Shutterstock) While acknowledging that comparisons between the 2023 Super Bowl in Phoenix and this year’s iteration of the game in Sin City are tough, Truist Securities analyst Barry Jonas pointed out in a new report that Las Vegas Strip hotel room prices are currently averaging $800 per night at Caesars Entertainment (NASDAQ: CZR) and MGM Resorts International

Barstool, DraftKings Partnership Could Be Interesting, Says Analyst

barstool,-draftkings-partnership-could-be-interesting,-says-analyst

On Wednesday, reports surfaced that Barstool Sports and DraftKings (NASDAQ: DKNG) are in advanced talks regarding a marketing agreement. Kevin Hart in a DraftKings commercial. The company’s potential partnership with Barstool Sports could disrupt rivals. (Image: DraftKings) While the partnership — which could be announced soon after the Super Bowl — is expected to be basic, it amounts to Barstool founder David Portnoy and his crew rejoining the sports betting landscape with an avenue to profit. It is doing so with one of the largest online sportsbook operators. The combination of Portnoy’s ability to connect with younger bettors and DraftKings’ enviable brand recognition could also prove potent. Those could be

Missouri Committee to Consider Sports Wagering Bill

missouri-committee-to-consider-sports-wagering-bill

A proposed bill to legalize sports wagering in Missouri will begin winding its way through the state legislature this week. A highway sign welcomes visitors to Missouri. A state legislative committee this week will begin considering legislation to legalize sports betting. (Image: Creative Commons.) On Tuesday, the Missouri House Special Committee on Public Policy will convene a hearing on the legislation, HB 2331, sponsored by Rep. Dan Houx (R-Warrensburg). The legislation is one of several ongoing efforts to bring sports wagering to Missouri, one of just a dozen states where it remains illegal. The bill would allow the Show Me State’s 13 riverboat casinos to begin accepting sports bets and

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