Stephanie Wood

Posts by Stephanie Wood:

DraftKings stock

Will Any Sportsbook(s) Compete With DraftKings For Massachusetts Dominance?

As Massachusetts gears up to launch retail sports betting in January and mobile betting in March of 2023, the question remains: which sportsbook operator will take the lead in Massachusetts?  Boston-based DraftKings has a chance to make a splash in its home state. The bigger question is how the two will compete against nationwide market […]
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Red Sox DraftKings Official DFS Partner

DraftKings Confirms $300,000 Of Customers’ Funds Taken In Hack

In a public statement issued last Monday, DraftKings Sportsbook acknowledged that “some customers were experiencing irregular activity with their accounts.” Around $300,000 of customer funds were impacted by hacking.  The company further confirmed that there was no evidence of the betting platform’s systems being breached. Paul Liberman, DraftKings’ co-founder and president for global technology and […]
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Responsible Gaming Program DraftKings Cambridge

DraftKings Q3 Results Lead To Major Swings In Stock

DraftKings Sportsbook has had a volatile November in terms of its place on the stock market. DraftKings reported its Q3 earnings earlier this month, and after the numbers were released, the company’s stock tumbled from $15.68 to $11.26. However, since the report was released several weeks ago, the stock has nearly recovered. Despite the drop […]
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DraftKings stock

Massachusetts Rejects DraftKings Request To Revisit Sports Betting Launch Timeline

Massachusetts, the home state of DraftKings Sportsbook, denied the company’s request that state gaming regulators take another look at plans for a staggered retail and online sports betting launch in 2023.  On October 27, the Massachusetts Gaming Commission (MGC) unanimously agreed that it would not reconsider its October 7 decision. The current plan leaves the […]
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DraftKings Bettors Miss Bets As Herbert Fails To Throw A Touchdown Pass

DraftKings Bettors Miss Bets As Herbert Fails To Throw A Touchdown Pass

Yesterday Los Angeles Chargers quarterback Justin Herbert’s touchdown streak ended. Out of his 57 pass attempts against the Denver Broncos, none of them led to a touchdown.  Bettors had every reason to believe that — and bet on — Herbert would throw a touchdown. He had done so in 36 of 37 starts before Monday’s game. […]
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