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MGCB approves DraftKings poker network merger with New Jersey and Pennsylvania

Licences & markets

Michigan’s Gaming Control Board approved DraftKings’ integration of its Michigan online poker operations with New Jersey and Pennsylvania, the regulator confirmed on 13 July. The change is expected to increase player numbers and liquidity across the network, according to the report.

The approval lets DraftKings combine player pools across three states, affecting the scale of its licensed poker network.

End-of-day close DraftKings (DKNG), USD, to 28 August 2026
Story date1 June 202628 August 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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Licences & markets

Louisiana declines to renew DraftKings licence, grants conditional extension

Louisiana state regulators declined to renew DraftKings' full gambling licence. The sportsbook remains available in the state under a conditional extension while officials investigate its business practices, use of artificial intelligence and responsible gaming measures. DraftKings must supply the requested information and satisfy regulators that its practices meet state requirements.

The Louisiana Gaming Control Board declined to renew DraftKings' full gambling licence, the company's existing licence was extended on a conditional basis while regulators examine its business practices, use of artificial intelligence and responsible gaming measures. DraftKings can continue operating in the state under the current licence. The board voted unanimously on 15 October to impose additional requirements on the company, according to the account of the renewal hearing.

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