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PrizePicks Secures $850,000 in Funding, Capital Raise Includes Poker Legend Phil Hellmuth

Daily fantasy sports (DFS) company PrizePicks landed $850,000 in capital during its latest funding round led by Parlay Capital Holdings. Poker legend Phil Hellmuth...

Todd Shriber July 8, 2020

FanDuel Nabs Betting, Daily Fantasy Deal With The Basketball Tournament

The Basketball Tournament (TBT) — a hoops competition with a $1 million winner-take-all prize pool — is partnering with FanDuel to bring sports wagering...

Todd Shriber July 1, 2020

DraftKings 2019 Revenue Surged, But Losses Swelled 53 Percent, Making Profitability Seem Far Off

DraftKings, which recently said it plans to become a publicly traded company later this year, appears poised to have something in common with much...

Todd Shriber January 6, 2020