News

Judges have reached conflicting decisions on whether the platform is evading state laws, setting up a potential Supreme Court showdown.

In the closing of the recent trading day, DraftKings (DKNG) stood at $21.25, denoting a -2.52% move from the preceding trading day.

Caesars Entertainment shareholders have approved a multibillion-dollar merger with Fertitta Gaming that would create one of the largest gaming empires. Caesars has a dominant presence on the Las Vegas Strip, operating hotels like Caesars Palace, the Flamingo and Harrah's. It also operates casino resorts across the United States. Fertitta owns Las Vegas' Golden Nugget and restaurant chains like Rainforest Cafe and Morton's. Billionaire owner Tilman Fertitta is the largest shareholder in Wynn Resorts and the sports betting company DraftKings.

DraftKings is deepening vertical integration in Predictions to capture more economics and pursue a 30% adjusted EBITDA margin target.

NBA star LeBron James will suit up for a new team in the 2026-27 season, joining the Philadelphia 76ers as the fourth team of his NBA career. James also has a new endorsement deal with Polymarket that will reward him...

A new New York Times investigation alleges that sports betting platform DraftKings (DKNG) is using AI to target the gamblers who are most likely to lose and susceptible to the app's promotions. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian react to this headline.

A new New York Times investigation alleges that sports betting platform DraftKings (DKNG) is using AI to target the gamblers who are most likely to lose and susceptible to the app's promotions. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian react to this headline.

The house always wins — but now the house has some serious competition, and that's triggered an explosion of shock marketing and promotions in the sports betting space.

DraftKings has seen a sharp reset in sentiment, with the stock down heavily over recent years, which puts a spotlight on whether today’s share price still lines up with the scale of its sales. With the business pushing further into prediction markets and reinforcing its compliance infrastructure, the real question for investors is how much revenue power the market is baking into the current valuation. Over the past 5 years, DraftKings shareholders have seen the stock fall 57.6%, which raises...

The benchmark US stock measures were trending higher before the open Friday as investors continued t

The CFTC on Thursday said it won't recommend enforcement against certain providers of online prediction markets, crypto trading.

NBA star LeBron James will suit up for a new team in the 2026-27 season, joining the Philadelphia 76ers as the fourth team of his NBA career. James also has a new endorsement deal with Polymarket that will reward him...

During the September 11 episode of Mad Money, an Investing Club member asked whether DraftKings Inc. (NASDAQ:DKNG) had fallen enough to become a speculative investment and whether it was worth continuing to hold after buying the stock in 2023. Jim Cramer replied: This is a very hard one. I’ll tell you why. Because everyone’s gripped […]

In the latest trading session, DraftKings (DKNG) closed at $24.33, marking a -1.26% move from the previous day.

Kalshi dominated a record weekend for prediction markets as NFL trading surged, while DraftKings gained ground and sportsbooks found another way to profit.

DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

The National Football League season is back in full swing, with thirteen games on tap for the first NFL Sunday.

The National Football League season is back in full swing, with thirteen games on tap for the first NFL Sunday.

Polymarket has appointed its first chief financial officer (CFO) as the prediction market grows and matures. ...

The Seattle Seahawks pulled away with a victory over the New England Patriots to open the 2026 NFL season on Wednesday night. DraftKings (DKNG) co-founder and CEO Jason Robins comes on Market Domination to discuss the platform's availability across the US and the growing competition from rival sports betters and prediction markets.

DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to Bloomberg's Romaine Bostick.

DraftKings is down 30% this year even as its CEO insists the core business is firing on all cylinders, and a specific date in 2028 could mark the moment that gap finally closes in a big way.

Sports betting platforms are finding themselves pitted against prediction markets as the NFL season kicks off this week. Citizens director and equity research analyst Jordan Bender explains whether prediction markets are a broad concern for the sports betting landscape.

Citizens forecasts the 2026 NFL season will mark a record for sports betting, bolstered by prediction markets growth. The AGA takes aim at event contracts.

As the NFL season opens Wednesday, there’s a new game in town. Prediction markets could drive $35 billion in wagers, on par with the traditional sports betting industry.

The NFL season kicks off Sept. 9, giving DraftKings stock a timely catalyst as sports betting returns to center stage.

Based on the average brokerage recommendation (ABR), DraftKings (DKNG) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

DraftKings Inc. (NASDAQ:DKNG) has expanded its agreement with Integrity Compliance 360, Inc.

Are states fighting prediction markets to save their own gambling-related interests? That's what Robinhood's chief executive thinks.

LeBron backs Polymarket after DraftKings deal expired, giving prediction markets their biggest sports name as legal fights intensify.