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The Latest Breaking News from DraftKings

DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season

DraftKings (NASDAQ:DKNG) missed second-quarter revenue expectations Thursday, but Wall Street quickly moved past the miss to a bigger question: whether prediction markets are becoming the company’s next major growth engine.

Benzinga

DraftKings Earnings Prediction Market Preview: Traders Bet Robins Won't Say 'Kalshi'

DraftKings Inc. (NASDAQ:DKNG) reports second-quarter earnings after the bell today, with the call scheduled for Friday morning.

Benzinga

DraftKings Q2 Preview: Stock Slammed by Prediction Markets — Can Earnings Offer Relief?

Sports betting and online gaming giant DraftKings Inc (NASDAQ:DKNG) looks to turn things around when the company reports second-quarter financial results Thursday after market close.

Benzinga

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Why Michael Burry Is Doubling Down on DraftKings Stock

As prediction markets shake up sports betting, Michael Burry is betting the odds will swing back in DraftKings' favor.

Barchart

DraftKings authorized to launch multi-state poker by Michigan State Regulator

Online poker is only legal in six US states: Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan.

The Independent UK

Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks

Michael Burry bought DraftKings and Flutter shares, betting regulation will curb prediction markets like Kalshi, as Wall Street analysts also see both sportsbook stocks as undervalued.

MarketBeat

Benzinga Bulls and Bears: Penguin Solutions, Draftkings, Palantir — And Stocks End Week With Solid Gains

Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.

Benzinga

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Michael Burry Bets on Beaten-Down DraftKings, Flutter Despite Threat From Prediction Markets

Michael Burry opened positions in DraftKings and Flutter, and shared how he uses his unique IV15 valuation metric to identify potential value stocks.

International Business Times UK

Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter

Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.

Benzinga

The Mob Used To Run Sports Betting. Now DraftKings and FanDuel Do.

How sports betting moved online and started a debate about its benefits and negatives.

Reason

DKNG Stock Alert: What to Know as DraftKings Launches Predictions Market

DraftKings stock rallies on the launch of the prediction markets exchange. Here’s what DKeX launch really means for DKNG shares.

Barchart

Groom gambles away entire wedding fund, then sues DraftKings

Exclusive: ‘Once they put the product out there, they have an obligation to make it reasonably safe,’ attorney Yvonne Flaherty told The Independent of client Dane Miller, who also lost his job and considered suicide in the aftermath

The Independent UK

How to run a company when the AI agents vastly outnumber the humans

Business leaders from Salesforce, DraftKings, Indeed, and other companies convened at Fortune Brainstorm Tech to discuss the challenges and benefits of using AI for jobs with no margin for error.

Fortune

DraftKings Hits the Jackpot With Super App Pivot

DraftKings shares rose to the $28–$29 range after a June 9 SEC filing revealed $3.1 billion in annualized volume for its Predictions platform, up 34% from April.

MarketBeat

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Barchart

DraftKings Stock Soars as Predictions Volume Explodes. DKNG’s Next Growth Engine Might Just Be Getting Started.

DraftKings' underlying business continues to show strength. Moreover, the emerging Predictions platform could help accelerate growth.

Barchart

DraftKings (DKNG) Stock Soars on Prediction Markets Optimism

DraftKings shares rally on accelerating momentum in its Prediction Markets business. Morgan Stanley recommends buying DKNG stock at current levels.

Sports Illustrated

2026 World Cup Golden Ball Winner: Odds, Predictions As Yamal Looks to Dethrone Messi

Lamine Yamal, Lionel Messi and Harry Kane are among the favorites to win the 2026 World Cup Golden Ball.

Sports Illustrated

2026 World Cup Winner: Odds, Predictions With France, Argentina and Spain Among Favorites

Spain and France are widely viewed as the leading contenders to win this year’s World Cup, but there are plenty of outside challengers capable of making a serious run.

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Sports Illustrated

2026 World Cup Golden Boot Winner: Odds, Predictions As Mbappe Looks to Go Back-to-Back

Kylian Mbappé, Erling Haaland, and Lionel Messi are among the favorites for the Golden Boot at this summer’s World Cup.

Sports Illustrated

Kalshi Has Great Odds for Ilia Topuria vs Justin Gaethje for UFC Freedom 250

Ilia Topuria is an overwhelming favorite against Justin Gaethje at UFC Freedom 250. There is more value on Kalshi rather than sportsbooks.

Kiplinger

Wall Street's 6 Top World Cup Stock Picks

The World Cup kicks off this month and could give the global economy a $40 billion jolt. These are some of the stocks analysts think could benefit.

International Business Times

Boston Tech Week 2026 Opens Tomorrow: a16z Brings 572 Events to Kendall Square

Boston Tech Week 2026 opens tomorrow with 572 events across Kendall Square, the Seaport, and six other neighborhoods — registration is free for most sessions at tech-week.com/calendar/boston. The inaugural a16z-presented festival runs May 26–31 and brings together biotech, AI, deep tech, and robotics programming from over 80 founding hosts including…

The Guardian - US

Gambling addicts are struggling as Kalshi and Polymarket explode in the US: ‘You could be betting your rent away’

Experts warn that although prediction markets are not regulated as gambling platforms, they are just as addictive

MarketBeat

DraftKings Eyes Prediction Markets as ‘Next Evolution’ as Sportsbook Growth Holds Strong

DraftKings (NASDAQ:DKNG) is positioning prediction markets as a major growth opportunity while maintaining that its core online sports betting and iGaming businesses remain strong, according to comments made during a fireside discussion hosted by MoffettNathanson analyst Robert Fishman. The DraftKi

Sports Illustrated

Only One NFL Team Is Currently an Underdog in All 17 Games Next Season

The 2026 NFL season could be brutal for this squad.

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