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The Latest Breaking News from DraftKings

Sports Betting Goes Live In Ontario: Why It's Important And 8 Stocks To Watch

Residents of Ontario, Canada ages 19 and up could officially bet on sports online and participate in online gaming beginning Monday. Here’s a look at how the market sizes up and some of the largest players in the territory.

Benzinga

Expected Value: This Week's Top 5 Sports Betting Industry Developments As Ontario Sports Betting Goes Live April 4

5. Minnesota Sports Betting Bill Passes State House Committee

Benzinga

DraftKings Expands Partnership With Mashantucket Pequot Tribal Nation

DraftKings Inc (NASDAQ:DKNG) and the Mashantucket Pequot Tribal Nation have agreed to expand their relationship to offer DraftKings online and retail sports betting in Puerto Rico. The move comes after Foxwoods and DraftKings launched sports betting and iGaming in Connecticut in October 2021. The DraftKings retail sportsbook will be located inside the Foxwoods…

Benzinga

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Some NCAA bettors call them the Carolina Tar Steals

Bet on it: Ardent fans who placed futures wagers on skidding UNC in February stand ready to cash in big

Chicago Sun-Times

Public Gaming Companies Are Big Winners In Ontario's Single Game Sports Betting Rollout

A bold new chapter in sports betting is coming to Ontario—Canada’s most populous province. On April 4. sports fans will be able to wager on single-game sporting events for the first time.

Benzinga

DraftKings Whale Trades Spotted

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

Looking At DraftKings's Recent Whale Trades

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 16 strange trades.

Benzinga

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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

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

Benzinga

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 Whale Trades For March 07

Benzinga

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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

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…

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.

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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.

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.

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