Latest articles
DraftKings Updates Dynasty Rewards Program, Launches 2025 Elite Rewards Catalog
DraftKings has launched an enhanced Dynasty Rewards program, complete with a 2025 Elite Rewards and Gifts Experience Catalog. The exclusive gifting program offers players perks ranging from high-end goods from brands like Dyson and Le Creuset to “premier” entertainment and travel experiences—even an African safari. Dynasty Rewards applies not only to DraftKings, but also Golden Nugget […]
Record-Setting DraftKings Progressive Jackpot Set to Go Off in Michigan
Some lucky DraftKings Casino player in Michigan will soon set a new record for the highest online casino jackpot in US history. The only question is when, and exactly how big it will be. As of 3 p.m. on October 21, the DraftKings Progressive stands at $6.55 million and is still growing. It will be the second time the […]
DraftKings Electric Poker Launches in Pennsylvania, Second State for the Fast-Paced Multiplayer Experiment
DraftKings Electric Poker is available to players in Pennsylvania following an apparently successful first run in Michigan. The fast-paced, three-player tournament format is DraftKings’ first foray into online poker, perhaps rekindling players’ curiosity about whether DraftKings ever plans to launch a full-scale poker room. Electric Poker is DraftKings take on what’s known in the industry […]
Spilled Beans: DraftKings to Pay $200,000 to SEC for Premature Financial Disclosure on Social Media
DraftKings has agreed to pay a $200,000 fine to the US Securities and Exchange Commission (SEC) for violating the regulator’s fair disclosure policies. On September 26, the SEC charged DraftKings with violations stemming from two social media posts made using the account of DraftKings CEO Jason Robins in July 2023. While it agreed to settle […]
Hermalyn’s Non-Compete With DraftKings is Valid, Rules First Circuit
An injunction temporarily limiting the functions Michael Hermalyn can perform for Fanatics will remain in effect, the First Circuit Court of Appeals has ruled. On Thursday, the three-judge panel for the appeals court upheld a Massachusetts federal court’s decision to issue the preliminary injunction ordering Hermalyn to abide by the terms of the non-compete clause in his contract with former […]
DraftKings Fined in Connecticut for Malfunctioning Online Slot
Within 48 hours of launching the online slot Deal or No Deal: Banker’s Bonanza on Connecticut DraftKings Casino, the online gambling operator started investigating possible payout issues. A DraftKings spokesperson also told Bonus on Sept. 3 that affected online casino bettors also received refunds within days of the conclusion of that investigation. However, Connecticut gaming […]
DraftKings Poker Debuts With ‘Electric’ 3-Handed Format
Online poker fans were energized by the discovery on Aug. 21 that DraftKings introduced a game called Electric Poker in Michigan on Aug. 20. Gamblers in New Jersey and West Virginia may be closely watching the new “3-handed, no-limit Texas Hold’em poker tournament game,” as well. Because their gaming regulators allow multi-state poker tournaments. In […]
DraftKings’ ‘iGaming-First’ Customer Acquisition Strategy Involves Golden Nugget, Jackpocket
DraftKings benefited from an “iGaming-first” customer acquisition strategy in Q4 2024, helping the online gambling operator achieve more than 80% growth in that metric vs. Q4 2023. The DraftKings, Golden Nugget, and Jackpocket brands all played a part in the rise of that iGaming-first customer acquisition strategy. So said DraftKings Co-Founder and CEO Jason Robins […]
DraftKings Announces Shutdown of Reignmakers and NFT Marketplace Amid ‘Unregistered Securities’ Lawsuit
DraftKings has shut down its NFT Marketplace and Reignmakers fantasy game due to what it terms “recent legal developments,” likely referring to the lawsuit it faces from Justin Dufoe. Earlier this month, a Massachusetts federal judge denied DraftKings’ attempt to have the case dismissed, and the company may be seeking alternatives to a trial. Dufoe’s suit claims that the Reignmakers NFTs […]
DraftKings Reignmakers NFT Lawsuit Will Proceed as Judge Rejects Arguments for Dismissal
DraftKings has failed in its motion to dismiss a lawsuit alleging that its Reignmakers non-fungible tokens (NFTs) constitute securities and are illegal to sell without approval by the Securities & Exchange Commission (SEC). US District Court Judge Denise J. Casper found sufficient merit in plaintiff Justin Dufoe’s claims that she believes the case should proceed. However, surviving a motion to […]