The Latest Breaking News from DKNG

Technological innovation and the unprecedented rise in popularity of online gambling are driving the growth of the gambling market. Hence, it could be wise to buy fundamentally strong gambling stocks Boyd Gaming (BYD) and International Game Technology PLC (IGT), while DraftKings (DKNG) could be watched for momentum. Keep reading.

The entertainment industry is poised for long-term growth supported by continuous technological advancements. While entertainment stocks DraftKings (DKNG) and Monarch Casino & Resort (MCRI) should benefit from rising interest in online gambling and sports betting, let us determine which could be a wise investment now.

DraftKings stock is trading well below its all-time highs. Let's see if DKNG stock is a buy or a sell at its current valuation.

The rising penetration of online casino gaming, legalization of sports betting, and integration of newer technologies in the space are propelling the casino and gambling industry toward substantial growth. Hence, let’s compare these casino and gambling stocks, DraftKings (DKNG) and Red Rock Resorts (RRR), to determine which is a better…

Even though inflation is putting pressure on consumers’ discretionary spending, the entertainment industry is poised to remain resilient on the backs of robust demand. Given such industrial tailwinds, let’s compare entertainment stocks MGM Resorts (MGM) and DraftKings (DKNG) to discover which of these stocks is a better choice now. Read…

Sports betting and gaming company DraftKings’s (DKNG) steady revenue growth and its 2023 guidance upgrade raise optimism. However, its top-line growth does not translate to bottom-line improvement. So, is DKNG worth betting on? Let’s look at the company’s key financial metrics to find out.

Want to ride the hot hand of the market? Consider these nine momentum stocks that are climbing the charts this year.

Despite DraftKings (DKNG) raising its guidance, the company's fundamentals do not make a convincing investment case for the stock. Read on….

Technological innovation and increasing legalization is driving the growth of the gambling market. However, not all gambling stocks are expected to gain from the industry tailwinds. We think it could be wise to buy fundamentally strong gambling stock Boyd Gaming (BYD) and avoid DraftKings (DKNG) and Esports Entertainment (GMBL) due…

While digital innovations continue to boost the gambling industry, strict regulations might hamper the industry’s prospects. We think fundamentally strong gambling stocks Boyd Gaming (BYD) and Accel Entertainment (ACEL) are poised to deliver steady returns and might be solid buys this year. However, fundamentally weak DraftKings (DKNG) might be best…

As recessionary fears loom largely over the economy, fundamentally weak stocks DraftKings (DKNG) and Beyond Meat (BYND) don’t seem to mix well and might be best avoided. Read more….