Tag: DraftKings
DraftKings has pending application for predictions market
Plans for a predictions product may be farther along at DraftKings than it seems. DraftKings has a pending application with the National... more
Wall Street Bets: DraftKings, Wynn, Las Vegas room rates
DraftKings looks solid In a February 17 statement, Truist Securities analyst Barry Jonas wrote that “DraftKings overcame hold-related... more
DraftKings looks forward to 2025 after a banner 2024
During a wide-ranging earnings call Friday, DraftKings CEO and co-founder Jason Robins was optimistic about the company’s prospects for... more
DraftKings 2024 fourth-quarter revenue up 13% year-over-year
DraftKings reported revenue of $1.39 billion in the fourth quarter of 2024, an increase of $162 million, or 13 percent, compared to $1.23... more
Louisiana: DraftKings becomes the official retail sportsbook of Live! Casino & Hotel
DraftKings has partnered with Live! Casino & Hotel Louisiana to become its official sportsbook. Live! Casino & Hotel Louisiana is... more
Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
DraftKings books a flight with Delta Airlines, but don’t bet on in-air gambling yet
What we know: DraftKings has entered into a deal with Delta Airlines, as announced Wednesday at CES 2025 by Delta CEO Ed Bastian. “From... more
M&A important strategy for DraftKings in 2025, analyst says
Mergers and acquisitions are expected to be a key strategy for DraftKings, which is coming off a tough 2024 in terms of Wall Street... more
DraftKings users can now buy better odds via subscription
DraftKings has launched a new subscription service that will give members increased odds on the types of bets that are most profitable for... more
Bettors win, DraftKings loses in fourth quarter, J.P. Morgan analyst says
In a January 2 investor note, J.P. Morgan analyst Joseph Greff recalibrated his fourth-quarter estimates for DraftKings’s performance.... more