Article posted on Thursday 30 September - 05:07 EDT
DraftKings, an online sportsbook that made its name in daily fantasy sports, has reportedly put in a $22.4 billion bid for Entain, a sports gaming company located in the United Kingdom. While the transaction has puzzled some, the mere attempt by DraftKings says a great deal about how online sportsbooks will try to operate moving forward.
Article posted on Wednesday 18 August - 08:04 EDT
Legal sports betting has taken off in the United States since roughly 2018. Though not every state has adopted it, the green light has become increasingly common. When looking at the revenue each state has earned over the past few years after legalizing sports betting, it's not all that hard to see why.
Article posted on Tuesday 17 August - 10:07 EDT
Until now, so much of the focus when it comes to legalized sports betting has been location-based. Where are sports betting legal? Which states are on the verge of making it legal? Why isn't it legal everywhere? Will it eventually be legal everywhere? Beyond those questions is what happens after legalized sports betting actually gets implemented. Inevitably, it changes the professional sports experience. And that's never been more clear than it is now.
Article posted on Tuesday 10 August - 10:16 EDT
DraftKings has been on the rise for quite some time and has only gained more momentum as the United States continues to legalize sports betting across most regions. However, their recent purchase of Golden Nugget Online may be their most aggressive, perhaps even most noteworthy, play yet. Let's break down what it all means for the sports-betting community at large, shall we?
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