In a shocking turn of events, DraftKings, one of the leading online sports betting and gambling platforms, has announced that they will be shutting down their live dealer studio in New Jersey and laying off 101 staff members. This exclusive news comes from sources close to the company and has sent shockwaves through the industry.
The decision to close the live dealer studio, which offered players the opportunity to participate in live casino games with real dealers via video stream, is said to have been a result of financial challenges faced by DraftKings. The company has reportedly been struggling to meet revenue targets in recent months, leading to this drastic measure to cut costs.
The closure of the studio will not only result in the loss of jobs for 101 staff members, but it will also leave a significant gap in the market for live dealer games in New Jersey. DraftKings was one of the few online gambling platforms in the state to offer this popular feature, and its absence is sure to be felt by players who enjoyed the interactive experience it provided.
In a statement, DraftKings CEO Jason Robins expressed his regret over the decision, stating, “It is never easy to make these kinds of decisions, especially when it affects the livelihoods of our dedicated employees. We are grateful for their hard work and dedication to the company, and we are committed to supporting them through this difficult transition.”
The news of the studio closure and layoffs comes at a time of uncertainty for the online gambling industry in New Jersey, as the state continues to grapple with the impact of the COVID-19 pandemic on its economy. It remains to be seen how DraftKings’ decision will affect the overall landscape of online gambling in the state and what steps the company will take to recover from this setback.
Despite this setback, DraftKings remains one of the leading online sports betting and gambling platforms in the United States, with a strong presence in multiple states. The company has indicated that it will continue to focus on its core offerings and explore new opportunities for growth in the future.
As the online gambling industry continues to evolve and face challenges, the closure of DraftKings’ live dealer studio serves as a reminder of the fragility of the market and the need for companies to adapt and innovate in order to succeed. Only time will tell how this decision will impact DraftKings and the larger online gambling industry in New Jersey and beyond.
