by Michael Molter | Feb 21, 2025 11:03 am | Revenue
DraftKings reported a $200 million net loss in Q4 2024 despite a 13% revenue increase year-over-year, highlighting ongoing profitability challenges. The company secured a $500 million loan to fuel expansion, with a strong focus on iGaming as a potential path to future...
by Michael Molter | Feb 20, 2025 2:45 pm | Legal
After an $83 million lottery jackpot was won, Lieutenant Governor Dan Patrick started an investigation into the Texas Lottery. The focus on ending mobile Lottery purchases in Texas could sway Patrick’s attention from Texas sports betting. AUSTIN, Texas – A recent...
by Michael Molter | Feb 12, 2025 10:48 am | Legal
As Hawaii’s HB1308 sports betting bill moves through the legislative process, it finds itself at the center of intense debate Wednesday. HONOLULU – Hawaii’s sports betting bill is slated to draw significant testimony in the Judiciary and Hawaiian Affairs House...
by Ben Fiore | Feb 7, 2025 1:04 pm | Sports Betting
With every sportsbook competing for your Super Bowl bets, it is beneficial to know what new player sportsbook bonuses to avoid. FanDuel and DraftKings offer bonus bets after your first bet but FanDuel only pays out the bonus bets if your first bet wins. Other...
by Michael Molter | Feb 4, 2025 7:31 pm | Legal
Sports betting bills like SJR 16 are being discussed to build a legal Texas sports betting industry. Opposition to advance Texas sports betting lies in the Senate, notably under Lieutenant Governor Dan Patrick. AUSTIN, Texas – In a recent interview on the Texas Take...
