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The Latest Breaking News from DraftKings

PENN Entertainment Reports Q3 Results, Terminates Sports Betting Partnership With ESPN

PENN Entertainment Inc (NASDAQ:PENN) reported third-quarter financial results before the market open on Thursday. Here’s a look at the key details from the report.

Benzinga

DraftKings Q3 Preview: Record NFL Betting Expected, Will Prediction Markets Hurt Results, Guidance?

Sports betting company DraftKings Inc (NASDAQ:DKNG) could provide more details on how it is competing against prediction markets and its recent acquisition in the space when the company report third-quarter financial results Thursday after market close.

Benzinga

DraftKings Hits A Death Cross Ahead Of Q3 Earnings — Handing Ken Griffin A 25% Loss

DraftKings Inc (NASDAQ:DKNG) just hit a Death Cross — and its billionaire backers are feeling the chill.

Benzinga

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Prediction Markets Are Coming: Can DraftKings & FanDuel Survive?

Prediction markets are growing exponentially in the U.S., and sports books are feeling the pain. Can traditional betting platforms survive this new competition?

MarketBeat

DraftKings, Flutter Stocks Downgraded On Prediction Market Risk: 'Relentless Headwinds'

Bank of America Securities analyst Shaun C. Kelley downgraded both DraftKings Inc (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) ahead of their upcoming earnings reports, citing mounting challenges in the sports betting sector.

Benzinga

An Inside Look at How Quickly the NFL’s Stance on Betting Changed

In the wake of the NBA scandal, our business of football analyst looks back at when fantasy football was frowned on and the Raiders moved to Las Vegas.

Sports Illustrated

Cathie Wood Just Dumped More Palantir Shares Despite 'Holy Grail' AI Deal — Here's What Ark Bought Instead

Cathie Wood-led Ark Invest made significant trades on Tuesday, focusing on companies like DraftKings Inc. (NASDAQ:DKNG), Palantir Technologies Inc. (NASDAQ:PLTR), and Shopify Inc. (NASDAQ:SHOP).

Benzinga

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DraftKings Promo Code Delivers $300 in Bonus Bets if You Win + 3 Months of NBA League Pass for Packers vs. Steelers

Get $300 in bonus bets if you win, plus NBA League Pass with this DraftKings promo code offer for Packers vs. Steelers.

Sports Illustrated

Canada's Antagonism

Plus: Betting scandal in the NBA, inside the most worrisome porn subculture, and more...

Reason

Why DraftKings Stock Is Trading Up Today

Shares of DraftKings (NASDAQ:DKNG) are rising Wednesday after the sports betting company announced a significant expansion and acquisition.

Benzinga

DraftKings Stock Surges Following Acquisition To Launch Prediction Markets

DraftKings Inc (NASDAQ:DKNG) shares are rising in extended trading on Tuesday after the company announced an acquisition to support its entry into prediction markets.

Benzinga

Cathie Wood Goes All-In On DraftKings With $8 Million Stock Purchase As Rivals Like Kalshi Threatens Market Share, Sells Hot Stock Rocket Lab

On Tuesday, Cathie Wood-led Ark Invest executed significant trades involving DraftKings Inc. (NASDAQ:DKNG), Rocket Lab Corp (NASDAQ:RKLB), and DoorDash Inc. (NASDAQ:DASH).

Benzinga

Cathie Wood Is Buying the Dip in DraftKings Stock. Should You?

Should you follow Cathie Wood and buy into DKNG stock as it faces a correction?

Barchart

Kalshi's $5 Billion Valuation Threatens DraftKings, ETF Traders Hedge Their Bets

Sports betting ETFs are experiencing a buildup in activity as DraftKings Inc (NASDAQ:DKNG) shares plummet, highlighting the way growing competition from prediction platforms is spilling over into ETF markets based on gaming and gambling.

Benzinga

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Benzinga

DraftKings Vs. Kalshi Vs. Polymarket: Q3 Results, Guidance To Show Who's Leading NFL Betting Market

DraftKings Inc (NASDAQ:DKNG) could benefit from the expected record $30 billion to be legally wagered on the 2025 NFL season. That’s an 8.5% increase from last year's betting handle.

MarketBeat

Bargain Alert: DraftKings Is the Most Oversold It’s Ever Been

DraftKings’ RSI just hit an all-time low below 15. With analysts bullish and big buyers already starting to snap up shares, the selloff looks overdone.

TechRadar

DraftKings warns users they may be hit by cyberattacks following breach

DraftKings users are targeted once again through credential stuffing and brute force.

Benzinga

DraftKings (DKNG) Stock Is Trading Lower Tuesday: What's Driving The Action?

DraftKings Inc (NASDAQ:DKNG) shares are trading lower on Tuesday afternoon as investors process growing competitive pressures that overshadowed a major media partnership. Here’s what investors need to know.

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Benzinga

Benzinga Bulls And Bears: Intel, Rumble, DraftKings — And Markets Shrug Off The Shutdown

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

MarketBeat

Robinhood Up 12%—Could Prediction Markets Be Its Secret Weapon?

Robinhood's event contracts doubled in Q3, sparking a 12% stock surge. Here's how prediction markets may fuel HOOD’s long-term revenue growth.

Benzinga

Bear Cave Sees 'More Problems' Ahead For DraftKings As Prediction Market Volumes Continue To 'Explode'

Shares of DraftKings Inc (NASDAQ:DKNG) are in the spotlight on Thursday after research firm The Bear Cave published a new report detailing a growing competitive threat from prediction markets. Here’s what investors need to know.

Benzinga

DraftKings Stock Sinks Despite Major NBCUniversal Sports Advertising Partnership

DraftKings Inc. (NASDAQ:DKNG) announced Monday a multi-year advertising agreement with NBCUniversal, giving the sports betting company exclusive sponsorships and integrations across the network's sports coverage.

Benzinga

DraftKings (DKNG) Stock Pressured By Bear Cave Report On Growing Prediction Market Threat

Shares of DraftKings Inc (NASDAQ:DKNG) are trading off session highs Thursday following a new report from The Bear Cave highlighting a growing competitive threat from prediction markets.

Kiplinger

5 Top Tech Disruptors to Watch

Big change catalyzed by top tech disruptors often leads to big growth.

Sports Illustrated

DraftKings Promo Code for Sunday Night Football: Bet $5, Get $200 Instantly + $200 off NFL Sunday Ticket

The DraftKings promo code gives new bettors $300 in bonus bets plus $200 off NFL Sunday Ticket as the Falcons clash with the Vikings.

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