DraftKings Inc

DKNG

Company Profile

  • Business description

    DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 30 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

  • Contact

    222 Berkeley Street
    5th Floor
    BostonMA02116
    USA

    T: +1 617 986-6744

    https://www.draftkings.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Gambling

    Fiscal Year End

    31 December 2024

    Employees

    4,400

DraftKings Inc News & Analysis

stocks

These stocks are leading the growth rebound

Tech stocks such as Apple, Nvidia, Block, and Lattice Semiconductor are fueling the growth stock rally in 2023.
markets

SPACs: To invest or not to invest?

Are these structures an attractive opportunity or too risky for individual investors? Dave Sekera explores.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,450.9064.30-0.76%
CAC 407,240.7013.720.19%
DAX 4019,068.7635.120.18%
Dow JONES (US)43,910.98382.15-0.86%
FTSE 1008,035.129.350.12%
HKSE19,823.4523.43-0.12%
NASDAQ19,281.4017.36-0.09%
Nikkei 22538,721.66654.43-1.66%
NZX 50 Index12,674.4974.87-0.59%
S&P 5005,983.9917.36-0.29%
S&P/ASX 2008,193.4062.20-0.75%
SSE Composite Index3,439.2817.310.51%

Market Movers