DraftKings Shares Jump in Late Trading After Revenue, Earnings Beat
DraftKings shares rose as much as 8% in late trading Thursday after the sports gambling company released fourth quarter numbers that outpaced expectations and improved…
Caesars
Las Vegas Sports Betting Giants Roll the Dice on Hollywood Talent
Hollywood has come to accept that content is the primary weapon in the streaming wars. Quietly, as legalized online sports betting spreads across the country, content…
NY Sports Betting Firms Spend Aggressively Despite 51% Tax Rate
Online sports betting made its long-awaited debut in New York on Jan. 8, as four operators went live with a series of eye-catching promotions in an effort to woo…
New York Taps Nine Firms for Mobile Sports Betting at 51% Tax Rate
The New York state gaming commission has recommended that nine sports betting operators, including DraftKings, Caesars, FanDuel and BetMGM, receive mobile licenses to…
Caesars Latest to Ink Genius Sports Partnership for NFL Data
Genius Sports and Caesars have agreed to a multi-year data and advertising partnership that includes access to official NFL gambling products. Caesars is the second…
ESPN Brand Makes Most Sense for Overseas Sports Betting Powers
ESPN is reportedly exploring a sports betting tie-up that would see the company license its brand to a sportsbook operator for at least $3 billion dollars over the next…
NFL Inks Nearly $1 Billion in Betting Deals With DraftKings, FanDuel, Caesars
The National Football League has named its first-ever U.S. sports betting partners—Caesars, DraftKings and FanDuel. Though financial specifics weren’t announced, a…
Exclusive
SuperDraft Launches Free Sportsbook App Following Caesars Stake
Daily fantasy company SuperDraft is launching a free-to-play sportsbook, its first new product since becoming part of the Caesars family. The app basically…
William Hill Buyout Talks Point to Long-Term Trend Toward Industry Consolidation
Late last week, it was reported that William Hill Plc (WIMHY) is the target of takeover attempts by Apollo Global Management Inc., a private equity firm with a history…
ESPN Inks Marketing Deals with Caesars, DraftKings As Sports Betting Spreads
ESPN is wading deeper into the billion-dollar sports gambling industry. The sports media giant announced on Monday a pair of multi-year agreements that grant Caesars…
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