Late April has proven to be a massive time for DraftKings, as they have found themselves in the news. DraftKings has officially gone public as of April 24th, launching on the NASDAQ under the ticker symbol DKNG. But that is not the only DraftKings news for late April, as the DraftKings online Casino could be launching very soon in Pennsylvania. Given the current state of the gaming industry without sports, it is quite refreshing to see good news from one of the top operators. Let’s take a look at DraftKings going public along with the possibility of the DraftKings Casino launching soon in PA.
DraftKings Goes Public Under DKNG Symbol
BREAKING: Today, @DraftKings completed its business combination with DEAC and @SBTech_. DraftKings to begin trading tomorrow on Nasdaq under the ticker symbol "DKNG.” https://t.co/37KJJrFQMI pic.twitter.com/wO1KxA7NMC
— DraftKingsNews (@DraftKingsNews) April 23, 2020
April 24th, 2020. This is the date that DraftKings finally went public as a company. It trades under the ticker symbol “DKNG” in the NASDAQ, and opened at $20.49 per share. Just before noon on launch day, the share price dropped to $18.50, but was still up over 5% on the day given the high open. The news of DraftKings going public was fully expected, as a deal was reached in December 2019, but was not expected to go through for a few months given the steps needed with the SEC approvals and more.
This merger was between three companies, as DraftKings combined with technology company SBTech and DEAC (which DKNG previously traded under) to form a larger, public company. This is the second online sportsbook operator that has made big news in the last few months, after Penn National Gaming and Barstool Sports struck a deal in early 2020.
DraftKings Online Casino PA Coming Soon
Are you ready to play at the DraftKings Casino PA? Rumors are that DraftKings Casino will launch in Pennsylvania very soon. DraftKings Casino is available in New Jersey but has been waiting to launch in PA as a land-based casino partner is required. Expect the welcome bonus to be just like it is in New Jersey:
|DRAFTKINGS ONLINE CASINO BONUS||FREE $700 CASINO BONUS|
|Current DraftKings Casino Promo||1. Risk-free $200 casino bets
2. Receive a $500 deposit bonus at DraftKings Online Casino
|How To Use The Promo||1. Create an account at DraftKings Online Casino
2. Make a deposit
3. Use your risk-free $200 bets with-in 24 hrs.
4. Receive your deposit bonus into your player account
|Casino Promo Details||21+. PA, NJ only. Only for DK Casino games. Eligibility restrictions apply. See website for details.|
|Casino Bonus Last Verified On:||May 26, 2020|
DraftKings Online Casino PA is expected to immediately be the top offering in the state with iOS, Android, and web-based platforms, a vast selection of online casino games, and a generous welcome bonus. Stay tuned, as we will have more information on a potential DraftKings Casino PA launch. We can guarantee that online casino competitors in PA like FanDuel casino and Hollywood Casino online are taking notice.