Tag: DraftKings
DraftKings settles class-action lawsuit over NFT marketplace for $10M
DraftKings has agreed to pay $10 million to settle a securities class-action lawsuit from buyers of its non-fungible tokens (NFTs) that the gambling c [...]
DraftKings tests subscription service in New York
Sports betting company DraftKings' logo is displayed on a smartphone screen.Budrul Chukrut | Lightrocket | Getty ImagesDraftKings is upping the ante.T [...]
Hard Rock open to FanDuel, DraftKings partnership in Florida
Florida's sports betting market may be about to get a lot more interesting, with Hard Rock's chairman opening the door to partnerships with commercial [...]
DraftKings reverses plans for a user tax as FanDuel wows Wall Street
Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel bett [...]
DraftKings to tax winning bets in some states in a bid to boost profit
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in states with the highes [...]
DraftKings Dumps NFT Business, Citing Legal Developments
"After careful consideration, DraftKings has decided to discontinue Reignmakers and our NFT Marketplace, effective immediately, due to recent legal de [...]
FanDuel, DraftKings prepare for gambling rise
The Olympic Rings being placed in front of the Eiffel Tower in celebration of the French capital won the hosting right for the 2024 Summer Olympics.So [...]
U.S. Judge Denies Motion to Dismiss Class Action Lawsuit Against DraftKings and Its NFTs
In this recent ruling, a court agreed that DraftKings' NFTs involved an investment of money, pooled assets into a common enterprise with shared risks [...]
Fanatics fires back at DraftKings’ claims of corporate espionage
Fanatics founder and CEO Michael Rubin at his office in New York.The Washington Post | Getty ImagesSports merchandise giant Fanatics is firing back ag [...]
DraftKings posts 44% revenue growth, but falls short of estimates
In this photo illustration the DraftKings logo seen displayed on a smartphone.Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesDraftKings on [...]
FanDuel-parent Flutter lists on the NYSE, challenging DraftKings
FanDuel-parent Flutter lists on the New York Stock Exchange Monday, offering U.S. investors an alternative to the biggest pure play in sports betting, [...]
Paying for Use Slows Down Crypto's Search for a Use Case
CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.
www.coind [...]
Sending DraftKings Millions to Run Failed Validator
By this point, DraftKings was rolling in MATIC rewards. In eight months, the validator's token stake had grown 120% to 5,578,691 MATIC ($6.3 million a [...]
DraftKings (DKNG) earnings Q3 2023
New England Patriots cornerback Stephon Gilmore, #24, stretches during the New England Patriots practice session in Foxborough, Massachusetts, on Oct. [...]
CoinScan, Crypto Analytics Firm Backed by DraftKings’ Billionaire Shalom Meckenzie, Raises $6.3M
The company is backed by Shalom Meckenzie, the largest individual shareholder in sports-betting company DraftKings (DKNG), Mor Weizer, the CEO of gamb [...]