Tag Archives: DraftKings

Reading the weather: The ‘nerdy’ aspect to RotoGrinders analysis

weather

For this month’s Better Collective Spotlight, we take a look at the weather. Yes, you read that right. The weather is one of the ‘nerdy’ aspects of the sports analysis on RotoGrinders.com, which helps its community to identify the right fantasy sports picks and place winning sports bets. RotoGrinders.com is known for presenting a wealth of information to both die-hard and …

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DraftKings appoints Christine Thurmond as Responsible Gambling lead

DraftKings has added to its internal compliance team with the appointment of Christine Thurmond as Director of Responsible Gaming, reporting to Chief Compliance Officer Tim Dent. In her remit, Thurmond is charged with leading the expansion of DraftKings’ new responsible gaming frameworks across igaming, sportsbook, and fantasy sports disciplines. Thurmond joins DraftKings from her most recent role as a senior business contributor at the Massachusetts Council on …

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DraftKings announces NY Knicks, NY Rangers and MSG partnership

DraftKings has announced a marketing partnership which sees it become the exclusive official sports betting and daily fantasy sports partner of the NY Knicks, NY Rangers and Madison Square Garden (MSG).  As a result, the agreement will see DraftKings benefit from premier brand integration access across MSG’s assets, including digital platforms, in-game promotion and out-of-home signage. Ron Skotarczak, EVP Marketing Partnerships …

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Kambi halts shares after 30% stock plunge

Following the news that DraftKings is buying its own sports betting platform in the form of SBTech, Kambi has made the move to halt trading in its shares after its stocks plunged 30%.  As a result, a statement has been released by Kambi Group’s CEO Kristian Nylén in order to try and ease concern amongst investors.  The statement read: “Kambi …

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DraftKings serves up Xmas cracker merging with SBTech & Diamond Eagle

A Christmas week update sends shockwaves across the global sports betting marketplace, as US incumbent DraftKings agrees to a three-way combination with sports entertainment fund Diamond Eagle Acquisition Corp and leading industry platform and systems provider SBTech. The respective boards of each company, have agreed to terms forming a new business entity which will trade under the domain ‘DraftKings INC‘, …

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Hollywood duo Sagansky & Sloan monitoring DraftKings’ options

Top Hollywood financiers Jeff Sagansky and Harry E Sloan are reported to be engaged in a takeover of DraftKings Inc, through their LA-based sports entertainment fund ‘Diamond Eagle Corp’. This morning, Bloomberg reports that the media and finance duo have entered negotiations to buyout Boston-based DFS and sports betting operator DraftKings – with Bloomberg reporting that ‘no transaction has been …

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US drive helps Kambi record ‘successful’ Q3

Kambi

Publishing its Q3 2019 trading update (period ending 30 September), Kambi Group has detailed strong progress on its regulated market agenda combined with the strengthening of its US commercial pipeline. Despite trading on a ‘quiet sporting calendar’ competing against World Cup 2018 comparatives, Kambi has recorded a 12% increase in Q3 2019 revenues to €23.million, up from €20.5m in Q3 2018, and …

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Meadowlands maintains NJ edge in record month for betting

Meadowlands

Online sports betting sites licensed through Resorts and the Meadowlands combined for more than $24 million of the $29.4 million in revenues made in New Jersey (NJ) last month, as the state smashed its previous record for total wagers. The state fell just short of $375 million for online sports betting handle in September, beating the previous best of $298.3 …

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Richest ever speaker line-up makes Betting on Sports the must-attend gambling industry event

Betting on Sports 2019 Final Agenda

Over 70 hours of expertise from nearly 300 speakers await visitors to this month’s Betting on Sports conference, making it the must-attend event for everyone in the sports betting and igaming sectors. Industry leaders sharing their invaluable knowledge as part of a packed programme for the event at Olympia London on 17 – 20 September include no less than 70 …

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Kambi-Draftkings partnership poised for further expansion in US

Global sports betting provider Kambi has finalised a multi-state contract extension agreement alongside the sports-tech and media entertainment company, DraftKings.  Under the terms of the new extension, provisions have been outlined for the extension of the Kambi-DraftKings partnership into a further eight states, including: Colorado, Indiana, Iowa, Maine, New York, Pennsylvania, Tennessee and West Virginia. Kambi CEO Kristian Nylén explained: …

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