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The Latest Breaking News from DraftKings

DraftKings Fails To Win Investors With Q3 Results, Guidance: Could The Company Be Left Behind Over Peers Closer To Profit?

Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results before market open Friday. Here are the key highlights and why shares are dropping.

Benzinga

This Is What Whales Are Betting On DraftKings

A whale with a lot of money to spend has taken a noticeably bearish stance on DraftKings. Looking at options history for DraftKings (NASDAQ:DKNG) we detected 21 strange trades.

Benzinga

Check Out What Whales Are Doing With DKNG

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

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Pritzker insider Nikki Budzinski cashing in as a consultant since leaving state government

In 10 months, she has made more than $500,000 from a lobbyist, Democratic groups that don’t disclose their contributors and political and labor groups. She’s now running for Congress.

Chicago Sun-Times

Is DraftKing Stock a Buy After Scoring a Deal With ESPN?

Shares of sports-betting company DraftKings (DKNG) are currently trading more than 75% below their 52-week high, beaten down by volatile market conditions. Furthermore, the company reported a significant loss in its last quarter. Also, analysts expect the company’s EPS to remain negative for at least the next two fiscals. However,…

StockNews.com

NFL DFS Week 6 optimal lineup

Devising the perfect Daily Fantasy Sports strategy for the NFL can be a challenge, which is why I'm here to assist.

Tribune News Service

Dan Le Batard on Why He Had to Leave ESPN, Ups and Downs With Company

He details the end of his tenure with the network.

Sports Illustrated

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California’s dueling sports betting props are doomed, polls show. What comes next?

With two ballot initiatives to legalize sports betting in California headed for near-certain defeat in November, players on all sides are beginning to strategize their next moves even as campaign representatives say they remain focused on the election at hand.

Tribune News Service

This Is What Whales Are Betting On DraftKings

Someone with a lot of money to spend has taken a bearish 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

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

Upgrades

Benzinga

NFL DFS Week 5 optimal lineup

Devising the perfect Daily Fantasy Sports strategy for the NFL can be a challenge, which is why I'm here to assist.

Tribune News Service

Dueling sports betting measures appear headed to defeat despite record spending, poll finds

SACRAMENTO, Calif. — Online sports gambling companies, California tribes and card rooms have spent more than $410 million on a pair of dueling ballot measures to legalize sports betting in person and online.

Los Angeles Times

NFL DFS Week 4 optimal lineup

Devising the perfect Daily Fantasy Sports strategy for the NFL can be a challenge, which is why I'm here to assist.

Tribune News Service

Sportsbooks issue refunds to Tua Tagovailoa bettors after scary injury

Tagovailoa was injured in the second quarter of Thursday's game.

USA Today Sports Media Group

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Benzinga

Did Drake Make A Bad Bet? If These NFL Teams Win In Week 4, The Rapper Scores $2M

Actor, rapper and investor Drake is placing a large bet on three National Football League (NFL) teams to take home victories in Week 4. Here’s a look at the bet and what’s at stake.

Tribune News Service

NFL DFS Week 3 optimal lineup

Devising the perfect Daily Fantasy Sports strategy for the NFL can be a challenge, which is why I'm here to assist.

StockNews.com

5 Overhyped Stocks on Wall Street to Avoid Right Now

Wall Street has been abuzz with the return of the meme stocks craze over the past few months. However, as the stock market is expected to remain under considerable pressure in the upcoming months, it could be wise to avoid fundamentally weak overhyped stocks Rivian Automotive (RIVN), Coinbase (COIN), DraftKings…

USA Today Sports Media Group

DraftKings to reportedly ‘halt’ early win NFL promotion after paying out $75 million in two weeks

Some promos are just too good to pass up. Others are too good to keep up.

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Benzinga

PGA Tour NFTs Coming Via Tom Brady: Here's When Fans And Investors Can Expect Them

Another sports league is entering the non-fungible token space with a collection that will come with collectibles and future utility. Here are the details. What Happened: The PGA Tour is partnering with Web3 company Autograph to launch a collection of NFTs for fans and investors.

Tribune News Service

Matt Calkins: After stunning win vs. Wilson, Seahawks get dose of reality against 49ers

I saw a couple DraftKings commercials while watching the 49ers thump the Seahawks 27-7 on Sunday. Got me thinking about a gamble I would make if I ever came across a sportsbook specializing in hypotheticals.

Tribune News Service

NFL DFS Week 2 optimal lineup

Devising the perfect Daily Fantasy Sports strategy for the NFL can be a challenge, which is why I'm here to assist.

Chicago Sun-Times

NHL bettors are saying tanks to the Blackhawks

Bet on it: Wise hockey gamblers smell a winner by betting the under on the Blackhawks’ points total

Benzinga

Disney's ESPN, DraftKings And Others Get An Apple App Store Boost From NFL Opening Weekend

More than 121 million people viewed at least part of the NFL's opening weekend slate of games, but ratings weren't the only thing getting a boost when the 2022 season officially kicked off. Several mobile applications saw increased usage and download volume over the weekend. Here's what you need to know:

Benzinga

Sports Betting Check-Ins Jump 77% For Opening Night: Here's How Many People Could Bet On 2022 NFL Season

The National Football League kicked off its 2022 season with a marquee Thursday Night Football matchup between the Los Angeles Rams and Buffalo Bills. With more states having legalized sports betting for the season, here’s a look at what could be in store for the industry and publicly traded sports…

USA Today Sports Media Group

Your office’s annual Super Bowl square box pool game is now available for each week on DraftKings

Why wait for the Super Bowl to play squares when you can play it every week?

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