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    DraftKings

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    • Wednesday, 6 July, 2022
      Lex
      DraftKings/online gambling: betting boom is no winning ticket Premium content

      Shares in US sports gambling sites have slumped

    • Tuesday, 8 March, 2022
      News in-depthGambling industry
      Disney plots sports betting push in bid to revitalise ESPN

      Cable sports network considers striking licensing deals with bookmakers

    • Friday, 18 February, 2022
      DraftKings tumbles after forecasting wider losses in 2022

      Sports betting group has boosted spending as it seeks to grab market share in US

    • Tuesday, 28 December, 2021
      LexGambling industry
      US online gambling: companies undeterred by losses that alarm investors Premium content

      Backers will have to bring in more cash to improve the odds of their bet paying out

    • Tuesday, 26 October, 2021
      Entain PLC
      DraftKings walks away from £18.4bn offer for UK rival Entain

      US betting group decides against formal offer a week after bid deadline was extended

    • Tuesday, 19 October, 2021
      Entain PLC
      DraftKings given more time to pursue Entain takeover

      UK gambling group says two parties still in talks on terms of £18.4bn offer

    • Friday, 24 September, 2021
      Travel & leisure industry
      Jason Robins: ‘single-minded’ in his global ambition for DraftKings

      Founder of fantasy sports start-up raises the stakes with £18bn bid for UK rival Entain

    • Tuesday, 21 September, 2021
      LexGambling industry
      DraftKings/Entain: parlay bet may depend on parley with MGM Premium content

      US group’s bid for UK rival highlights how consolidators are upping the ante

    • Monday, 9 August, 2021
      Gambling industry
      DraftKings buys Golden Nugget Online Gaming in $1.56bn deal

      US fantasy sports outfit will gain access to Fertitta-backed online gaming platform’s more than 5m customers

    • Saturday, 19 June, 2021
      News in-depthSpecial purpose acquisition companies
      Nathan Anderson, the Hindenburg founder taking on Spacs

      Short seller has dropped his latest bombshell by targeting blank cheque darling DraftKings

    • Wednesday, 16 June, 2021
      Due Diligence
      Hindenburg: the Spac-assailing short seller strikes again Premium content

      Plus: the hedge fund generating record returns from an unexpected asset class, and another activist gatecrashes the Universal Music Group spin-off

    • Tuesday, 15 June, 2021
      DraftKings shares fall after Hindenburg discloses short position

      Report about sports betting company is the latest move by short seller to target a company listed via a Spac

    • Thursday, 15 April, 2021
      Gambling industry
      NFL signs sponsorship deals with three gambling companies

      Agreements with Caesars Entertainment, DraftKings and FanDuel mark an about-face for American football league

    • Monday, 15 March, 2021
      LexGambling industry
      Flutter/DraftKings: good form dictates a FanDuel float Premium content

      Even with the lockdown surge in business, neither of the sports betting sites is profitable

    • Wednesday, 11 November, 2020
      Due Diligence
      Top takeaways from the FT Dealmakers Summit Premium content

      DD’s inaugural event assembled executives to reflect on a tumultuous year, and where the US election and hunt for a Covid cure will lead

    • Saturday, 5 September, 2020
      Scoreboard
      Scoreboard: The problem of pay in elite tennis Premium content

      This week in the business of sport: Michael Jordan takes stake in US sports betting outfit DraftKings, fund manager Lindsell Train backs on sport stocks, and more

    • Friday, 4 September, 2020
      News in-depthMichael Jordan
      Michael Jordan places his latest bet with DraftKings deal

      Move by retired basketball legend points to growing market for US sports betting despite pandemic

    • Wednesday, 2 September, 2020
      Michael Jordan takes stake in sports betting company DraftKings

      Retired basketball star will join the Boston-based group’s board as a special adviser

    • Friday, 14 August, 2020
      Due Diligence
      Spacs: DD digs into Wall Street’s hottest trend Premium content

      The vehicles are always back in fashion when financial markets become frothy

    • Friday, 15 May, 2020
      DraftKings: punters on tap Premium content

      Against the odds, the gaming company’s kitchen sink strategy is working

    • Friday, 24 April, 2020
      IPOs
      DraftKings surges up to 16% in public market debut

      Sports betting site’s listing comes at a time when most events have been cancelled

    • Monday, 23 December, 2019
      Gambling industry
      DraftKings to go public with $3.3bn valuation through merger

      Fantasy sports betting platform agrees three-way deal with Diamond Eagle and SBTech

    • Friday, 6 September, 2019
      News in-depthBet365 Group Ltd
      UK’s Bet365 takes a punt on US market

      Stoke-based operator looks to bring its in-play betting expertise to New Jersey’s shores

    • Tuesday, 15 May, 2018
      LexUS & Canadian companies
      US sports betting: grow your own dopes Premium content

      Investors are wagering early entrants will win, but expect a regulatory backlash

    • Thursday, 13 July, 2017
      US & Canadian companies
      FanDuel and DraftKings scrap merger plan after opposition

      Fantasy sports sites vow to grow alone after competition regulators moved to block deal

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