DraftKings Inc.

DKNG

US26142V1052

Casinos & Gaming

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
43.13 ^USD	+4.96%		+6.02%	+22.35%

Apr. 22	DraftKings Stock's Recent Weakness Due to 'Mostly Optical' Developments, Oppenheimer Says	MT
Apr. 22	DraftKings Appoints Lori Kalani as Chief Responsible Gaming Officer	CI

Jason Robins, DraftKings CEO: What impact will sports streaming have on the betting industry?

November 03, 2023 at 01:10 pm EDT

DraftKings CEO Jason Robins observes that the global sports betting market is developing very rapidly. Despite increased competition, the company has revised its full-year revenue forecasts upwards, exceeding estimates. He discusses the potential legalization of sports betting in other states and the impact of the rise of streaming and betting on the sports industry.

(MT Newswires)

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Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	TOPIX INDEX	2,686 PTS	+0.86%	+0.34%	-
	DRAFTKINGS INC.	43.13 USD	+4.96%	+6.02%	20.52B

Latest news about DraftKings Inc.

DraftKings Stock's Recent Weakness Due to 'Mostly Optical' Developments, Oppenheimer Says	Apr. 22	MT
DraftKings Appoints Lori Kalani as Chief Responsible Gaming Officer	Apr. 22	CI
Barclays Raises Price Target on DraftKings to $52 From $50, Maintains Overweight Rating	Apr. 19	MT
New York State Common Retirement Fund Files a Notice of Exempt Solicitation to DraftKings, Inc	Apr. 16	CI
DraftKings Poised for 'Solid' Quarter Amid Gaming Stocks' Underperformance, Morgan Stanley Says	Apr. 09	MT
US Gaming Stocks Underperform as Consumer Spending, Other Concerns Weigh Heavy, Morgan Stanley Says	Apr. 09	MT
Morgan Stanley Lifts Price Target on DraftKings to $50 From $49, Keeps Overweight Rating	Apr. 09	MT
Miners and airlines in demand as FTSE 100 climbs	Apr. 08	AN
Sluggish blue-chips underperform European peers	Apr. 08	AN
DraftKings Exploring Entry Into Brazil's Online Gaming Market	Apr. 05	MT
DraftKings Exploring Entry Into Brazil's Online Gaming Market	Apr. 03	MT
DraftKings, MGM Resorts Exploring Entry Into Brazil's Online Gambling Market	Apr. 03	MT
MoffettNathanson Raises DraftKings' PT to $55 From $52 After Recent Sell-Off, Meeting With Finance Chief; Keeps Buy Rating	Mar. 28	MT
Online Betting Platforms Form Association to Address Problem Gambling	Mar. 28	MT
News Highlights : Top Company News of the Day - Wednesday at 7 PM ET	Mar. 27	DJ
News Highlights : Top Company News of the Day - Wednesday at 5 PM ET	Mar. 27	DJ
News Highlights : Top Company News of the Day - Wednesday at 3 PM ET	Mar. 27	DJ
Sector Update: Consumer Stocks Higher in Afternoon Trading	Mar. 27	MT
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	Mar. 27	DJ
Stocks in motion: Gambling stocks in trouble, Cintas rises	Mar. 27
Top Midday Stories: Disney, DeSantis Reach Settlement; Judge Allows SEC's Coinbase Lawsuit to Proceed; UBS Sells Credit Suisse Assets to Apollo; Online Betting Platforms Form Group to Tackle Problem Gambling; EU Rejects Amazon Bid to Suspend Advertising Clause; Moderna to Receive $750 Million from Blackstone; Merck Drug Gets FDA Approval	Mar. 27	MT
NCAA Seeking to Ban Proposition Betting on College Athletes	Mar. 27	MT
Gambling Stocks Fall Amid Report of Federal Scrutiny of VIP Programs	Mar. 27	MT
News Highlights : Top Company News of the Day - Wednesday at 11 AM ET	Mar. 27	DJ
Online Betting Platforms Form Association to Address Problem Gambling	Mar. 27	MT

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Company Profile

DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with online sports betting (Sportsbook), online casino (iGaming) and daily fantasy sports (DFS) product offerings, as well as retail sportsbook, media and other consumer product offerings. Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 24 states and in Ontario, Canada. Its iGaming product offerings typically include the full suite of games available in land-based casinos, such as blackjack, roulette, baccarat and slot machines. DFS product offering facilitates peer-to-peer play, whereby contestants compete against each other for prize money. The Company also offers non-fungible tokens (NFTs) on DraftKings Marketplace (Marketplace), NFT-based DFS-style contests, gaming software services, and advertising and sponsorship packages to targeted advertisers across its DFS product offering, free games, and media content.

Sector

Casinos & Gaming

Calendar

2024-05-01 - Q1 2024 Earnings Release

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