All articles tagged with #draftkings
Rob Bolton’s sleeper picks for the 3M Open spotlight Taylor Moore, whose aggressive play and top first-round scoring make him a standout; Matt Kuchar, on a string of solid finishes, offers value at favorable odds; and Erik van Rooyen, returning to Twin Cities with recent top-40s, looks to surge, with all odds sourced from DraftKings.
Meta is reportedly developing a prediction markets app called Arena that would use a video-game–style points system instead of real money and would leverage Facebook/Instagram users to recruit traders; CNBC-confirmed plans follow The New York Times’ report, and DraftKings and Flutter Entertainment shares fell after the news, with Robinhood also slipping as Meta declined to comment.
West Virginia earned its first-ever College World Series berth with dominant super regional wins over Cal Poly, then landed the fourth-best title odds ( +700 ) among 13 remaining teams behind Texas, Georgia and North Carolina. They open against Troy in Omaha and would face a double-elimination path where they’d need to be beaten twice to exit, with the bracket likely shaping a favorable route if they advance. Odds have climbed from +5500 pre-tournament to +1000 after the regional win and to +700 after the super regional sweep.
DraftKings is shutting down its two-year-old retail sportsbook at Wrigley Field due to Illinois' high taxes, ending in-person betting there on May 31 while online wagering remains available statewide; existing bets can be redeemed through June 30 or by mail. The venue will become a DraftKings sports bar connected to the ballpark, with a small number of retail staff laid off, and the Cubs partnership continuing.
A federal judge denied the NCAA’s request for a restraining order to block DraftKings from using the 'March Madness' branding, allowing the sportsbook to continue promotions tied to the NCAA tournament as disputes over licensing move forward.
The NCAA filed a trademark infringement lawsuit against DraftKings Sportsbook over using March Madness–related terms (such as “March Madness,” “Sweet Sixteen,” and “Final Four”) to promote betting, arguing the language could mislead fans into thinking the NCAA endorses DraftKings. The NCAA is seeking an emergency restraining order and a quick court ruling before the Final Four, while DraftKings may contest the claims and argue it has no official affiliation with the NCAA.
DraftKings’ Johnny Avello says the Patriots are 4.5-point underdogs largely due to a liability on New England and slower-than-ideal odds adjustments; the book opened Seattle -3.5 to balance action but now faces potential losses if the Patriots win, with NE’s moneyline at +190 and Nevada books rarely losing on the Super Bowl.
The article offers strategic advice for building DraftKings DFS lineups for NFL Wild Card games, emphasizing narrative-based lineup construction, analyzing key matchups like Bills-Jaguars and Eagles-49ers, and suggesting specific players to target or avoid based on game scripts and team tendencies.
The prediction markets industry is rapidly expanding in the U.S., with major sportsbooks like DraftKings launching prediction market apps, sparking conflicts with land-based casinos and regulators. These markets are integrating into various platforms, potentially challenging traditional sportsbooks by offering alternative betting options, while facing legal and regulatory hurdles.
The article discusses strategies for building the perfect NFL DFS lineup for Week 13, highlighting three different lineups with unique approaches, including a high-upside quarterback without stacking, a Chargers-focused stack, and a deep-value quarterback with key players, all optimized using Stokastic NFL Sims tools.
The article discusses strategies for building optimal NFL DFS lineups for Week 10 on DraftKings, highlighting three unique lineup constructions involving key players like Drake Maye, Lamar Jackson, and Jaxson Dart, and emphasizes the importance of injury reports, leverage, and ceiling in lineup selection. It also promotes the use of Stokastic NFL Sims for simulation-based lineup optimization.
Media-branded sportsbooks like ESPN Bet and others have struggled to gain traction in the competitive U.S. sports betting market, with many failing despite heavy promotion and brand ties, highlighting the dominance of established players like DraftKings and FanDuel. ESPN Bet, launched in 2023, has only captured about 3% of the market, far below its target, due to overestimating the influence of media branding and viewer trust. The industry is shifting towards partnerships with existing successful sportsbooks, such as ESPN's new deal with DraftKings, which will continue to operate under its own name.
DraftKings has become ESPN's official sportsbook provider after ESPN and Penn Entertainment ended their exclusive ESPN Bet deal early, which benefits DraftKings' stock. Disney's strategy for ESPN is evolving, with new integrations planned for 2026, while Penn focuses on its regional casinos and online gaming. The sports betting market remains competitive, with DraftKings and FanDuel holding significant shares, but concerns about competition and regulatory issues persist. Disney and Penn's stocks experienced mixed reactions following these developments.
ESPN Bet is shutting down in December after Penn Entertainment ended its $1.5 billion 10-year deal, and ESPN will now partner with DraftKings Sportsbook, marking a significant shift in the sports betting industry and Penn's strategic focus.
ESPN is shutting down its ESPN Bet app and ending its partnership with Penn Entertainment, instead integrating DraftKings' betting features into ESPN's platforms and revamped app, with full rollout expected in 2026.