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The Latest Breaking News from DraftKings

Exclusive: Struggling DraftKings awards $30 million marketing contract to co-founder who recently stepped down

Six weeks before leaving his post, Matthew Kalish signed agreements with his startup HardScope potentially worth millions.

Fortune

'This is a money-losing proposition for most of these individuals': Americans are draining stock portfolios to shovel more money into sports betting

Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say.

Fortune

Inside the AI, Crypto and Betting Cash Industries Bankrolling the 2026 Midterms — and Texas Is Ground Zero

Crypto, AI and betting money have already topped the 2024 cycle's full total — with the fiercest spending fights unfolding in South Texas.

Latin Times

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DraftKings’ Predictions Push Could Be the Bet That Matters Most

DraftKings shares rallied after mixed Q2 2026 results, as an EPS beat and Predictions market expansion offset a revenue miss and shrinking margins.

MarketBeat

DraftKings vs. FanDuel vs. BetMGM: Who's Really Winning the Market Share War

America's sports betting boom has created a new kind of competition. The biggest challenge for operators is no longer simply gaining access to new states, but earning a permanent place in the daily habits of millions of fans.

inkl

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

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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

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

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

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Reason

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.

Barchart

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.

The Independent UK

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

Fortune

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.

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news in one place.

100's of premium titles.
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MarketBeat

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.

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.

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.

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