DraftKings (NASDAQ:DKNG) and FanDuel are two of the most obvious rivals in the daily fantasy sports (DFS) and sports wagering industries. Both are missing out on a coveted media asset. The New York Times Co. (NYSE:NYT), owner of the eponymous newspaper, is reportedly acquiring The Athletic for $550 million. The Athletic is a subscription-based sports […]
Fanatics has a well-documented desire to enter the sports wagering arena. It may have held takeover talks with Australia’s PointsBet (OTC:PBTHF), before ultimately deciding against the deal. Two unidentified sources tell the New York Post that about a year ago, Fanatics was discussing a buyout with PointsBet. That’s before Executive Chairman and CEO Michael Rubin […]
Start spreading the news. Mobile sports betting apps in New York will be able to launch as early as this weekend. On Thursday, the New York State Gaming Commission announced that Caesars Sportsbook, DraftKings, FanDuel, and Rush Street Interactive “have satisfied all statutory and regulatory requirements necessary to accept and process mobile sports wagering activity,” […]
Arizona sports betting came bolting out of the blocks in its debut month of September, taking in more gross gaming revenue than any other state did in the first month. Experts are saying it may have something to do with the Arizona Cardinals’ flying start to the NFL season. According to figures released this week […]
