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The Latest Breaking News from DraftKings

DraftKings, FanDuel Distancing Themselves From The Competition In Online Sports Betting

Online gaming stocks have taken a big hit in recent months, but Bank of America analyst Shaun Kelley said Monday that U.S. digital gross gaming revenue (GGR) was up 58% in the month of February.

Benzinga

Mike Golic, Jessica Smetana Announce Debut Date, Name of New Sports-Centric Podcast

“Golic and Smetty” will premiere on Tuesday.

Sports Illustrated

DraftKings Launches College Basketball NFTs: Here Are The Details Including Drop Dates And Prices

Sports betting company DraftKings Inc (NASDAQ: DKNG) is pushing further into the non-fungible tokens market with a new series planned around college basketball.

Benzinga

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Should You Buy DraftKings Stock?

One well-known investor and analyst has your answer. You can bet on it.

The Street

DraftKings CEO Jason Robins Has A Warning For Those Selling The Stock

The CEO of a leading publicly-traded sports betting company has a warning for investors thinking of selling shares near the 52-week low.

Benzinga

This Is What Whales Are Betting On DraftKings

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Cathie Wood Watch: Ark Sells Social Media and Defense, Buys Gambling

Asset manager Cathie Wood on Monday bought and sold a number of household names as the stock market tumbled.

The Street

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Cathie Wood's Ark Scooped Up More DraftKings And Block Shares on Monday But Cut Stake In This Social Media Firm

Cathie Wood-led Ark Investment Management on Monday bought more shares in online sports betting firm DraftKings Inc (NASDAQ: DKNG) and fintech company Block Inc (NYSE:

Benzinga

DraftKings Vulnerable to Sleeping Giants Like MGM, Wynn, and Caesars

DraftKings has seen its stock price drop in recent months as the legacy gambling options have upped their marketing for sports gambling dollars.

The Street

DraftKings Whale Trades For March 07

Benzinga

DraftKings Partners With Zero Hash To Earn Staking Rewards On Polygon

DraftKings Inc (NASDAQ:DKNG) said it has partnered with business-to-business embedded infrastructure platform, Zero Hash, to earn staking rewards on the Polygon (MATIC) blockchain network. The collaboration aims to optimize DraftKings' working capital and liquidity. PoS refers to proof of stake, a blockchain consensus mechanism for verifying and adding transactions on a blockchain. Zero…

Benzinga

What 13 Analyst Ratings Have To Say About DraftKings

Analysts have provided the following ratings for DraftKings (NASDAQ:DKNG) within the last quarter:

Benzinga

Can Sports Betting Upstarts Challenge Caesars, MGM, DraftKings?

The top sports betting operations may soon be joined by a couple of sports media companies that say they want to get into the sports wagering business.

The Street

Inspired Entertainment Launches Online Gaming In Connecticut

Inspired Entertainment Inc (NASDAQ:INSE) has launched its online gaming content in the state of Connecticut with DraftKings (NASDAQ:DKNG). The launch marks the third U.S. state in which Inspired is delivering its online gaming portfolio of products. Inspired will offer game themes including Big Spin Bonus, Bullion Bars, and Gold Cash Free Spins for its customers in…

Benzinga

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USA Today Sports Media Group

DraftKings removes sports betting for leagues and events in Russia and Belarus

DraftKings is removing betting on events in Russia.

Benzinga

This Is What Whales Are Betting On DraftKings

Benzinga

Why DraftKings Shares Could Be Gearing Up For A Reversal

DraftKings Inc. (NASDAQ: DKNG) shares are trading higher Wednesday as they were able to bounce off an area of support.

Benzinga

Caesars Raises The White Flag: Why Jim Cramer Prefers DraftKings Stock

Caesars Entertainment Inc (NASDAQ: CZR) announced weak earnings results after the market closed Tuesday, but the stock is rallying Wednesday after the company announced plans to cut ad spending on the sports betting market.

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The Street

Stocks of the Week: DraftKings, Roku, Walmart

Three names that TheStreet's analysts and writers are watching closely.

Benzinga

Why DraftKings Shares Are Falling Today

DraftKings Inc (NASDAQ: DKNG) is trading lower Tuesday after Wells Fargo analyst Daniel Politzer downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $41 to $19.

Benzinga

Expert Ratings For DraftKings

DraftKings (NASDAQ:DKNG) has observed the following analyst ratings within the last quarter:

Benzinga

10 Biggest Price Target Changes For Tuesday

Wells Fargo lowered DraftKings Inc. (NASDAQ: DKNG) price target from $41 to $19. DraftKings shares dropped 5.8% to $16.28 in pre-market trading.

Benzinga

What's Going On As DraftKings Stock Tanks Friday?

Draftkings Inc. (NASDAQ: DKNG) shares are trading down Friday after the company reported the fourth-quarter fiscal year 2021 sales growth of 47% year-on-year to $473.3 million, beating the analyst consensus of $445.18 million.

Benzinga

'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge

DraftKings Inc (NASDAQ: DKNG) shares are down 20% Friday despite announcing strong revenue numbers and raising 2022 guidance. So why is the stock falling?

The Street

Time to Bet on DraftKings Stock? Charts Suggest Caution

DraftKings is getting beaten down on earnings. What else is new? Here's what the charts say now.

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