Tag: DraftKings

Jefferies Equity Research analyst David Katz met with executives of DraftKings on Monday and found them “bullish,” despite last week’s tax... more

According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more

DraftKings Thursday announced the completion of the $750 million acquisition of lottery app Jackpocket. A proposed deal between DraftKings... more

Churchill Downs The 150th running of the Kentucky Derby last weekend is the crown jewel of Churchill Down’s portfolio. Jefferies analyst... more

With Wall Street analysts viewing DraftKings 1Q24 results positively and year-over-year revenue up 53% for the quarter, CEO and Co-founder... more

DraftKings Thursday reported revenue of $1.175 billion for the first quarter of 2024, a 53% increase over the $770 million generated during... more

DraftKings Monday introduced Lori Kalani as chief responsible gaming officer. Kalani will report directly to DraftKings’ CEO Jason Robins... more

DraftKings will beat expectations, while ESPN Bet will fall short, when earnings are reported for the first quarter, according to an... more

Bettors wagered four percent more on New York State online casinos in March. But winnings for OSB providers dropped seven percent. The... more

DraftKings was assured of a prominent role in New York State horse racing, thanks to a newly announced sponsorship. The Boston-based... more