DraftKings' visibility during the upcoming NFL season is expected to skyrocket after the sportsbook inked a deal to become one of three official sports betting companies for the league.
Ezra Kucharz, chief business officer at DraftKings, said the deal was a natural expansion of the great relationship the two businesses already have.
"I think you'll start to see a lot more content integrated into our platform [like] us being able to do some interesting promotional things with the league around sports betting and allows us to also work with a bunch of our team partners on sports betting," he told Cheddar.
Caesars Entertainment and FanDuel also inked sportsbook deals with the league.
Kucharz said fans in states that are home to NFL teams and offer legal sports betting, can expect DraftKings to offer unique contests and competitions.
New York Governor Andrew Cuomo is expected to sign legislation legalizing online and mobile sports betting in the state. Kucharz said he welcomes the new market and expects people to fully embrace legal online sports betting.
"First off I want to say thank you to Governor Cuomo for making this a reality with the members of the state houses, and we're coming forward on something here. Right now, I think there's a lot in flux, and it still needs to be determined," he said. "We look forward to those next steps with the state, and we're hopeful that those things will come here in the coming months."
While sports betting is limited to just a few states across the country, Kucharz said DraftKings will be ready to operate wherever betting is opened up. He pointed to New Jersey as a model for other states considering digital sports betting legalization.
"We operate in 12 states already as an online operator. We've already deployed a scalable platform and operations that can scale across multiple states. Don't forget that every state has kind of got different requirements. Our tech stack does that well," Kucharz added.
The trial between Google and the maker of the game Fortnite will begin Monday as a San Francisco jury will hear Epic Games' case claiming the Google Play Store takes an unfair commission on purchases made through apps.
One of the most self-made and success stories in the country, Emma Grede, has worked along with the Kardashian Jenner family on many of their best-known brands. Grede, CEO and co-founder of Good American, gave back to the next generation of business leaders as a featured speaker at the Chase for Business Make Your Move summit last week. She spoke with Cheddar News about her career, her company's fashion brand, working with the famous Kardashian-Jennifer family and balancing her own family life.
Berkshire Hathaway, the conglomerate run by businessman Warren Buffett, reported its operating earnings in its most recent quarter jumped more than 40% from a year ago but posted its first net quarterly loss in a year.
Elon Musk's company XaI has announced a new chatbot called Grok.
SAG-AFTRA said over the weekend that it received the studios' last best and final offer following a meeting on Saturday, with the union saying it's reviewing it and considering a response "within the context of the critical issues addressed in our proposals."
Stocks rose slightly as Wall Street looks to continue its momentum with earnings season winding down.
Tyson Foods is recalling about 30,000 of its dino-shaped chicken nuggets after some consumers reported finding small metal pieces in those nuggets.
Google on Monday will try to protect a lucrative piece of its internet empire at the same time it’s still entangled in the biggest U.S. antitrust trial in a quarter century.
Before the SAG-AFTRA strike, this was the weekend “Dune: Part Two” was supposed to open. When Warner Bros. and Legendary pushed that opening back to March 2024 and no other blockbuster stepped in to take its spot.
A growing number of Californians are planting agave to be harvested forz use in spirits. The trend is fueled by the need to find hardy crops that don’t need much water and a booming appetite for premium alcoholic beverages.
