Tag: DraftKings
Ontario: EveryMatrix goes live with DraftKings
DraftKings and EveryMatrix have joined forces in another licensed jurisdiction with the announcement that EveryMatrix casino content is now... more
Wall Street reacts to DraftKings’s retreat from winning-bet surcharges
Shares of DraftKings rebounded on Wall Street on Wednesday morning, spiking as high as $33.50 per share in early trading. The recovery... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But they... more
Wall Street Bets: Analysts take on Golden Entertainment, Penn results, DraftKings surcharge
Golden Entertainment prospects B Riley Securities analyst David Bain commented on Golden Entertainment, writing that “Following a... more
Investors largely frown on a DraftKings surcharge
Sixty percent of investors surveyed by Jefferies Equity Research disapprove of DraftKings’s newly announced (but not yet implemented)... more
Wall Street Bets: Analysts take on DraftKings surcharge, AGS price target, Macau
DraftKings surcharge DraftKings’ announcement it was going to charge a surcharge on certain wagers attracted the attention of Wall Street.... more
DraftKings gambles that bettors won’t mind surcharge
DraftKings is wagering that bettors won’t mind sharing its tax burden. During Friday’s 2Q24 earnings call, DraftKings CEO and Co-founder... more
DraftKings to repurchase stock after quarterly increase in revenue
DraftKings Thursday reported revenue of $1.104 billion in 2Q24, an increase of $230 million, or 26%, compared to $875 million year over... more
Illinois taxes on DraftKings outweigh Jackpocket boost, analyst says
Citing “myriad issues” impacting Wall Street estimates, Jefferies Equity Research analyst David Katz took what he said was an unusual step.... more
Musburger Media purchases VSiN back from DraftKings
Musburger Media Monday announced it has purchased VSiN, The Sports Betting Network from DraftKings Inc. Original VSiN founders Brian... more


