Latest articles
Much-Ballyhooed IRS Memo Doesn’t Change Anything For DraftKings
There’s one key part missed in coverage of the DraftKings IRS memo. This is not a legal document, this is legal advice. The July 23 memo, which just got released in late August, involves one IRS lawyer giving his perspective to another when asked. No, this doesn’t immediately cause any type of law to go […]
DraftKings Earnings Call: Southern State Push Ahead, eSports Will be ‘Huge Category’
A lack of major sports didn’t hurt DraftKings during the second quarter. Gamers simply found new things to bet on, said DraftKings CEO Jason Robbins. Speaking during Friday’s second quarter earnings call, Robbins pointed to the company’s sports betting launch in Colorado and Illinois, as well as iGaming in West Virginia as key drivers. But […]
DraftKings Deal Helps Along Expansion of Casino Queen in Illinois
A new partnership will help one Illinois casino expand its reach. On July 23, Casino Queen announced the company will rebrand as part of a deal with DraftKings. In many ways, the deal mirrors one signed earlier this year between Penn National and Barstool Sports, with one key exception. Officials from both Casino Queen and […]