Latest articles
West Virginia Online Casinos Surge in October, Change in Market Leadership Likely
Total US online casino revenue held roughly steady from September into October, but the West Virginia state market experienced a massive upswing. National gross gaming revenue (GGR) for October was $567 million, representing a 3.5% drop in the daily average, yet the change for West Virginia was a 20.9% increase. Online casinos typically see their biggest monthly […]
DraftKings Cyberattack: Arrestee Pleads Guilty to Using Stolen Bettor Data to Take $600K
Victims of a November 2022 DraftKings cyberattack may have gotten justice on Nov. 15. That’s when the US Attorney’s Office, Southern District of New York, announced Joseph Garrison pleaded guilty to “conspiracy to commit computer intrusion.” The case matches the timing and description of the DraftKings cyberattack. The charge against Garrison, 19, carries a penalty […]
DraftKings ‘Bullish’ on Online Casino: Product Caused No. 1 US Market Share, So It Will Lead 2024 Growth
DraftKings Co-Founder and CEO Jason Robins said the company holds 30% of the US online casino market share because of its products. So he’s “bullish” on DraftKings’ iGaming future. Plus, companywide product innovation will lead DraftKings’ overall growth in 2024. During today’s Q3 2023 earnings call, Robins said DraftKings Casino and Golden Nugget Online Casino combine […]
GNOG Founder Thomas Winter Steps Down From DraftKings Role
Thomas Winter, the founder of 10-year-old Golden Nugget Online Gaming (GNOG), announced he’s leaving his role as general manager of North America iGaming at DraftKings. He’d moved to DraftKings when the online gambling operator bought GNOG in 2022. On Monday, in a lengthy post on LinkedIn, Winter thanked many former and current colleagues and said […]
DraftKings Argues Collectibles Not Securities in Motion to Dismiss NFT Class Action
DraftKings has filed a motion in Massachusetts District Court to dismiss a proposed class action lawsuit that accuses the casino and sports betting operator of selling NFTs (non-fungible tokens) as unregistered securities. The motion, filed at the US District Court in Boston on Sept. 25, argues collectibles are not securities. As a result, DraftKings requested […]
DraftKings Plays to Retail Casino Nostalgia With In-House ‘Dollar Up!’ Slot
DraftKings has gone old-school with its newest in-house exclusive casino game, Dollar Up! Though staying on the right side of intellectual property laws, the game’s design and name are distinctly reminiscent of IGT’s Top Dollar retail slots, which are a familiar—if dated—sight at US retail casinos. Dollar Up!’s intro video is a first-person stroll through banks of old-fashioned stepper slots […]
DraftKings ‘Cashpicks’ Trademark Filing Raises Questions About Plans for Prop-Style DFS
A recently uncovered trademark filing by DraftKings is generating speculation about whether the operator is preparing to launch props-style daily fantasy sports (DFS). DFS prop bets allow users to bet on a player’s performance and combine multiple players for higher payouts. A filling at the United States Patent and Trademark Office from May 11 shows […]
Four Years of Venture Investments From Drive By DraftKings: Skill Games, Health & More
Four years after its launch, Drive By DraftKings continues to grow. According to its website, the multi-stage venture capital firm primarily invests in sports tech and entertainment companies. In addition to DraftKings Casino, its namesake gaming company, Drive’s founding partners include: Accomplice Boston Seed Capital General Catalyst All three venture companies specialize in startups and […]
Here’s Why a DraftKings Casino Ad Showed Up While I Was Watching ‘Castle’
On a recent Friday night, I was watching the crime drama Castle on Hulu. Ads came on, and I saw my work life flash before me. It was a DraftKings Casino commercial featuring a woman extolling the virtues of blackjack. As I told my sources while researching this story about Americans upset about seeing legal […]
A DraftKings Marketing Misdeed May Impact New York Sportsbook Regulations
American marketers like online sports betting operator DraftKings can largely self-regulate their messages. That freedom may soon be called into question by the New York State Gaming Commission (NYSGC). That’s because, on Sept. 10, DraftKings ran a “Never Forget” parlay about three New York teams playing on Sept. 11. “Never Forget” is the phrase uttered […]
