The Latest Breaking News from DraftKings

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Robinhood has been one of the market’s biggest successes in 2025. Now it's looking to take market share from sportsbook operators like DraftKings and FanDuel.

There's a clear favorite in this one.

Coinbase is entering the prediction markets and is also rolling out equities trading on its historically crypto-focused platform.

DraftKings remains a volatile but high‑conviction Mizuho Top Pick, with management guiding to mid‑20s revenue growth, a sharp swing to positive EPS in 2025, and Street targets implying roughly 27% upside as it expands into prediction markets, new states, and deeper media integrations.

Bill Hornbuckle said that prediction markets are ‘without a doubt sports betting’ as he thanked regulators for taking action on such platforms

The rise of prediction markets has sent DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment PLC (NYSE:FLUT) shares lower. While some investors and analysts see prediction markets as a major competitor, an analyst said the selloff is overdone and both companies have a $5 billion opportunity of their own in the market.

Coplan said traditional sportsbooks "all rip off the consumer" and "none of them innovate."

America's Thanksgiving football tradition fuels profits for key broadcasting, streaming, and gaming companies, creating three distinct investor opportunities.