The Wall Street Journal7h agoneutral
Kalshi’s Embrace of Sports Betting Tests Rules for Prediction MarketsJudges have reached conflicting decisions on whether the platform is evading state laws, setting up a potential Supreme Court showdown.
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Zacks1d agoneutral
DraftKings (DKNG) Dips More Than Broader Market: What You Should KnowIn the closing of the recent trading day, DraftKings (DKNG) stood at $21.25, denoting a -2.52% move from the preceding trading day.
Associated Press1d agoneutral
Caesars stockholders approve $6 billion merger with FertittaCaesars 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.
24/7 Wall St.1d agobearish
DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks UpDraftKings CEO sketched out an aggressive spending push into prediction markets, and the stock is paying for it while a rival platform moves in the opposite direction on the exact same news.
MarketBeat2d agobullish
DraftKings Sees Strong NFL Start, Prediction Markets Surge as $1B EBITDA Target HoldsDraftKings (NASDAQ:DKNG) CEO and Chairman Jason Robins said the company is seeing strong early-season engagement across its core sportsbook business and its newer prediction markets offering, while maintaining its expectation of about $1 billion in adjusted EBITDA for 2026. Speaking with Wells Farg
Zacks2d agoneutral
Can DKNG's Vertical Integration Unlock a 30% Adjusted EBITDA Margin?DraftKings is deepening vertical integration in Predictions to capture more economics and pursue a 30% adjusted EBITDA margin target.
Benzinga3d agoneutral
LeBron James Will Make Nearly 4x More From Polymarket Than Playing for the 76ersNBA 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...
Yahoo Finance Video3d agoneutralVIDEO
DraftKings may be using AI to target the app's biggest losersA 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.
Yahoo Finance Video3d agoneutralVIDEO
DraftKings may be using AI to target the app's biggest losersA 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.
Axios Media3d agoneutral
Sportsbooks v. prediction markets: Sydney Sweeney ad is just the beginningThe 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.
Simply Wall St.5d agoneutral
DraftKings (DKNG) Stock Trades At A Discount To Fair ValueDraftKings 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...
Trefis6d agobearish
DraftKings Dips Have Usually Paid, But Does This Drop Count?DraftKings (DKNG) trades near $22.50, about 14% below the recent high it set on 21st August 2026. Sharp falls in this stock have been worth buying before: the median dip gained 41% over the next twelve months. The same record says the wait was long, and this fall is not the kind it is built on. Consider what those falls paid.
Investor's Business Daily7d agoneutral
CFTC Backs Off Prediction Markets, Crypto Trading EnforcementThe CFTC on Thursday said it won't recommend enforcement against certain providers of online prediction markets, crypto trading.
Benzinga Prediction Markets7d agoneutral
LeBron James Will Make Nearly 4x More From Polymarket Than Playing for the 76ersNBA 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...
Insider Monkey7d agoneutral
Jim Cramer Suggests A Caller That It Is Time to Move On From DraftKings (DKNG)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 […]
Zacks8d agoneutral
Here's Why DraftKings (DKNG) Fell More Than Broader MarketIn the latest trading session, DraftKings (DKNG) closed at $24.33, marking a -1.26% move from the previous day.
Barrons.com10d agoneutral
Prediction Markets Hit Trading Record With NFL Season UnderwayKalshi dominated a record weekend for prediction markets as NFL trading surged, while DraftKings gained ground and sportsbooks found another way to profit.
Motley Fool10d agobullish
Walt Disney vs. Roblox: Which Media Stock Is a Better Buy in 2026?Disney is profitable, growing, and buying back billions in stock. Roblox is burning cash and asking investors to wait on a long-term platform bet. Which is the better use of your capital right now?
Zacks10d agoneutral
DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should KnowDraftKings (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.
Barrons.com10d agobearish
The Tech Selloff Is About More Than AI Slowdown FearsNvidia could be the best chips bet, 3 reasons not to panic about the artificial intelligence slump, and more news to start your day.
Insider Monkey11d agobullish
DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated TradingShares of DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT) soared on August 28 after the Ninth Circuit Court of Appeals ruled that sports-related contracts at issue were not ‘swaps’ under federal commodities law, clearing the way for Nevada to apply its gaming regulations to them and handing a significant victory to states seeking to shut […]
Barrons.com12d agoneutral
From LeBron James to Sydney Sweeney: Prediction Markets Launch NFL Ad BlitzThe National Football League season is back in full swing, with thirteen games on tap for the first NFL Sunday.
Barrons.com12d agoneutral
From LeBron James to Sydney Sweeney: Prediction Markets Launch NFL Ad BlitzThe National Football League season is back in full swing, with thirteen games on tap for the first NFL Sunday.
Barrons.com13d agobullish
Kalshi and Polymarket Aren’t Public. You Still Buy Them Through an ETF.A handful of funds have pre-IPO exposure to Kalshi and Polymarket. Investors need to tread cautiously.
CryptoProwl13d agoneutral
Polymarket Appoints First Chief Financial OfficerPolymarket has appointed its first chief financial officer (CFO) as the prediction market grows and matures. ...
Yahoo Finance Video14d agoneutralVIDEO
DraftKings will be breaking 'new ground' with its prediction product: CEOThe 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.
Bloomberg14d agoneutralVIDEO
Prediction Markets Are Huge Opportunity, DraftKings CEO SaysDraftKings 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.
24/7 Wall St.14d agoneutral
Price Prediction: DKNG Stock Will Hit $50 on This DateDraftKings 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.