Providing a breakdown of the new DraftKings promo code that allows users to get $300 in bonuses if their first $5 bet wins.

DraftKings Sportsbook made a significant change to its welcome bonus. Here's what you need to know, and why it may be a red flag for the future of sportsbook promos.

DraftKings' responsible gaming chief thinks the industry has become a "target." She wants to change the conversation.

The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, nearly every other aspect of the promotions was the same, including the lack of a minimum odds requirement for qualifying wagers.

DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.