Penn Entertainment CEO Jay Snowden told investors a DraftKings-style customer surge was not on its radar in its Q2 earnings call. Penn Entertainment CEO Jay Snowden told investors a DraftKings-style customer surge was not on the firm’s radar in its…
Rush Street Interactive has said it has “no plans” to implement a customer surcharge like its sports betting industry rival DraftKings. The BetRivers operator today (5 August) made a veiled criticism against DraftKings by stating it did not intend to…
US betting operator DraftKings yesterday (1 August) announced a new customer surcharge on winnings in high-tax states. DraftKings yesterday (1 August) announced a new customer surcharge on winnings in high-tax states. The new policy, announced alongside the operator’s Q2 results,…
DraftKings employees have been accused of leaking personal information to a prominent sports bettor as part of an extortion plot, according to a complaint filed in New York. The complaint, filed in Supreme Court, Queens County, detailed a physical altercation…
DraftKings has announced its intention to enter Washington DC’s competitive sports betting market following its launch last week. DraftKings has announced its intention to enter Washington DC’s competitive sports betting market following its launch last week. The operator said it…
A Californian court has sided with Michael Hermalyn in its non-compete dispute with DraftKings, stating he has “become a California resident”. A Californian court has sided with Michael Hermalyn in his non-compete dispute with DraftKings, stating he has “become a…
FanDuel and the New York Racing Association (NYRA) have reached a resolution in their contract dispute. FanDuel and the New York Racing Association (NYRA) have reached a resolution in their contract dispute. The agreement will allow pari-mutuel wagering on the…
Euro 2024 betting failed to meet expectations in France’s regulated sector while unlicensed operators benefitted, according to AFJEL. Euro 2024 betting volume failed to meet expectations in France’s regulated sector while unlicensed operators benefitted from the tournament, according to French…
Truist Securities managing director Barry Jonas believes FanDuel and DraftKings could “tweak pricing” to help offset cost increases in the US market. Truist Securities managing director Barry Jonas (pictured) believes FanDuel and DraftKings could “tweak pricing” to help offset cost…
Super Group has decided to withdraw its sportsbook operations from the US following a comprehensive internal review. The Betway and Spin operator said it will shortly begin the process of closing its US sportsbook in the nine states where it…