Tag Archives: Jason Robins

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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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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International operators and speakers give Betting on Sports 2019 a global outlook

global

Betting on Sports 2019 will reflect the sports betting and igaming sector’s rapid global expansion, with senior representatives of 160 operators from around the world among the 3,500 delegates travelling from 60 countries to attend.  The establishment of an increasing number of regulated online gambling markets has created enticing international opportunities for both operators and suppliers, and as the biggest …

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Tech hungry DraftKings reported to be eyeing SBTech takeover

Published as a ‘developing news story’, US industry news source LegalSportsReport.com (LSR) informs that DraftKings is on the ‘cusp of acquiring’ online gambling platform provider SBTech in a deal that will have global ramifications for multiple industry stakeholders. In its update, LSR reports that multiple sources have confirmed negotiations between the two parties, but as yet no information has been …

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DraftKings appoints ‘tech financing pro’ Jason Park as new CFO

The governance of DraftKings Inc has confirmed the appointment of former Bain Capital executive Jason Park as new Chief Financial Officer (CFO), helping the company pursue its imminent US sports betting opportunities and interests. The executive appointment sees DraftKings restructure its corporate finance leadership, with current CFO incumbent Tim Dent transitioning to the executive position of Chief Compliance Officer (CCO). …

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Industry leaders headline Betting on Sports 2019 conference

Betting on Sports

Jason Robins (DraftKings), Paris Smith (Pinnacle), Jose Duarte (BetCris), Dominik Beier (Interwetten), Lahcene Merzoug (ComeOn!), Jesper Svensson (Betsson), Carmelo Mazza (Betaland), Sergey Portnov (Parimatch) and Stan Reoutt (Fonbet) represent just a small selection of the industry CEOs taking to the stage at this year’s Betting on Sports conference. Organiser SBC Events has released the full agenda for the fourth edition of …

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Delegates give overwhelming support to Betting on Sports

Betting on Sports

More than 90% of visitors to last month’s biggest ever Betting on Sports conference rated its networking opportunities as either very good or excellent. This came from a survey made available to the 2,500 registered delegates for #bosweek, which also found considerable praise for the party locations, speaker lineup and conference app, as well as the presence of so many …

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Betting on Sports Week welcomes 250 expert speakers to Olympia London

Betting on Sports Week will present no fewer than 250 thought leaders, innovators and decision makers gathered from the sports betting, esports, casino, affiliates, media and sports sectors. The speakers will all play an integral role in making this year’s Betting on Sports conference the biggest and best on record, with the event taking place from 18-21 September at London’s …

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DraftKings soft launches NJ mobile sportsbook product

Accelerating its US sports betting proposition, DraftKings has launched its New Jersey mobile app, bringing digital wagering to the Garden State. The fantasy sports operator has soft-launched its ‘DraftKings Sportsbook’ app, syndicated through its New Jersey licensing agreement with Resorts Casino () and developed in partnership with betting technology group Kambi Plc. The initial launch sees DraftKings operate an ‘invite …

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