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DraftKings

DraftKings widens loss despite Q1 revenue growth of 253%

New York-listed sports betting and fantasy sports operator DraftKings has reported a 253 per cent increase in revenue to $312m for the first quarter of [...]

1 min read
DraftKings

Svenska Spel launches new DraftKings-powered sportsbook

Swedish gaming operator Svenska Spel Sport & Casino has launched its new DraftKings-powered retail and online sportsbook.

The new platform offers Svenska Spel customers an expanded [...]

2 mins read
Oregon

Oregon sports betting wagers hit record high in October

The Oregon Lottery has seen total wagers from its DraftKings-powered Scoreboard online sports betting operation grow to a record monthly high of $29.5m in October.

Wagers [...]

1 min read
DraftKings

DraftKings raises revenue guidance as Q3 loss nears $350m

New York-listed DraftKings has raised its full-year revenue forecast for 2020 after third quarter revenue nearly doubled to $132.8m.

Revenue from B2C operations increased by 55 [...]

1 min read
DraftKings

DraftKings extends B2B sports betting deal with MansionBet

New York-listed DraftKings has extended its sports betting partnership with Gibraltar-based operator MansionBet.

The long-term agreement will see DraftKings’ B2B technology, acquired through supplier SBTech, continue [...]

2 mins read

Oregon Lottery sees September sports betting wagers top $26m

The Oregon Lottery grew turnover from its SBTech-powered Scoreboard online sports betting operation to $26.2m in September.

Turnover rose by 4 per cent compared to the [...]

1 min read
Bragg Gaming Group

Bragg Gaming names Richard Carter as new chairman

Toronto-listed casino games provider Bragg Gaming Group has appointed former SBTech chief executive Richard Carter as non-executive chairman.

Carter will advise and provide support to Bragg [...]

3 mins read
Oregon

Oregon Lottery sports betting turnover surpasses $25m in August

The Oregon Lottery has generated turnover of $25.8m from its SBTech-powered Scoreboard online sports betting operation in August.

Turnover was 84 per cent higher than the [...]

1 min read
DraftKings

DraftKings posts second quarter revenue growth but losses widen

New York-listed DraftKings has reported a 24 per cent increase in revenue to $70.9m for the second quarter of 2020, despite the impact of the [...]

1 min read

Oregon Lottery’s online sportsbook wagers grow to $7.9m in June

The Oregon Lottery has recorded turnover of $7.9m from its SBTech-powered Scoreboard online sports betting operation in June.

Turnover increased by 8 per cent compared to [...]

1 min read
DraftKings

DraftKings set to end Kambi partnership in 2021

New York-listed sports betting operator DraftKings and technology provider Kambi have announced an agreement regarding the migration of DraftKings’ players to its own proprietary sports [...]

2 mins read
DraftKings

DraftKings upsizes share offering

New York-listed sports betting operator and supplier DraftKings has announced an upsizing and pricing of its public offering, which is now valued at up to [...]

1 min read
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