DraftKings’ Q1 Boosted by Super Bowl Parlays, Prop Bets, Says Analyst


Most sportsbook operators were pinched by the Super Bowl because the underdog Kansas City Chiefs won outright. But DraftKings’ (NASDAQ: DKNG) first-quarter earnings might prove sturdy due to the operator winning on parlays and some popular proposition wagers. A DraftKings billboard appears in Times Square in New York City. An analyst believes the operator did

DraftKings Rallies on Barclays Upgrade, Bank Sees US Growth Ahead


Shares of DraftKings (NASDAQ: DKNG) surged in early trading Friday, extending a run that’s seen the stock gain more than 10% over the past month. That’s after Barclays analyst Brandt Montour upgraded the gaming equity. A DraftKings Sportsbook advertisement above the Grand Central subway station in New York City. The stock rallied Friday on an

Illinois Governor J.B. Pritzker Wants More Money From Sports Betting


Illinois Gov. J.B. Pritzker (D) on Wednesday unveiled a $52.7 billion spending plan for the state’s upcoming fiscal year that begins on July 1. The billionaire governor in his second term plans to partially cover the 2% spending increase by raising taxes on sportsbook operators. Illinois Gov. J.B. Pritzker arrives at the State Capitol to

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

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

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

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

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

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

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