Tag: draftkings
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DraftKings ‘Moonshot’ Continues Slot Machinification Trend
Sports betting apps continue to resemble slot machines, and DraftKings’ new feature, “Moonshot,” is the latest example of the broader “microbetting” shift. Moonshot follows the controversial launch of “DraftKings Replay,” another slot-like game tied to baseball. People can now bet more quickly and continuously in ways that past sportsbook products did not enable, further blurring…
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‘Nightmare’ Allegations Against Michael Jordan-Backed Online Gambling Firm
A giant of the U.S.-regulated online gambling sector, which counts Michael Jordan as an advisor and investor, has been hit by explosive allegations that it makes a significant chunk of its revenue from illegal gambling channels. Sportradar, a Swiss business-to-business supplier of online gambling data and technology in the $27 billion U.S. online gambling market,…
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Trillions In Parlay Dreams: DraftKings Users Sought $2.5T
$2.5 trillion worth of DraftKings gambling dreams. The online sportsbook said its users sought to win that staggering sum in sports bets in 2025, an unusual metric for its business. In an earnings letter this week, CEO Jason Robins said that its millions of users would have won $2.5 trillion if the online sportsbook had…
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DraftKings To Allow ‘Converted’ Bitcoin, Crypto In Betting Deposits
Key takeaways DraftKings plans to launch a cryptocurrency deposit feature, including Bitcoin. Users will convert cryptocurrency to cash for betting. Crypto will not be allowed directly for deposits or wagering. The feature will launch first in four states. Crypto-fueled gambling may boost risks for problematic user behavior. DraftKings’ Plans for Bitcoin and Crypto DraftKings plans…
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DraftKings Launches Sports ‘Predictions’ Gambling Product
On Dec. 19, 2025, DraftKings announced that it launched its so-called “prediction markets” online gambling product in the United States. DraftKings Predictions is a standalone app, separate from DraftKings Sportsbook and DraftKings Casino. DraftKings Predictions facilitates stock-market-style gambling on sports and various “real-world outcomes.” It has the potential to be highly addictive and harmful. Is…
Prediction Markets
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About the Founder
Brian Pempus
Brian Pempus has covered the gambling industry for 20+ years, including for Forbes. His work has appeared in The New York Times, AARP, Fortune Magazine, The Washington Post, and The New Republic.
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