The WFA had claimed that online Florida sports betting should not have been approved by the Department of Interior because the betting does not physically take place on tribal land. This is a huge positive for DraftKings, as other states, such as New Mexico, Washington and Wisconsin, could "expand upon those agreements and let the recognized tribal gaming nations in those states operate online sports betting across the state." The 5 Biggest Buyers of DKNG Stock Hedge funds, a subset of 13F filers, were also ...

DraftKings (NASDAQ:DKNG) is a thriving business, but that comes with a cost as some state-level legislators want a piece of that delicious fiscal pie. No worries, though, as DraftKings can still continue to succeed as a business enterprise and DraftKings stock has mega-rally potential. Just a moment ago, I alluded to legislators wanting a piece of the financial pie from the sports-betting industry. This is definitely happening in Illinois, where state senators recently approved a budget for 2025. DraftKings ...

Loading... Loading... Needham analyst Bernie McTernan reiterated DraftKings Inc DKNG with a Buy and a $60 price target. The analyst noted DKNG as a leader in the emerging North American online gambling market, which is a $35 billion market opportunity. McTernan said the legislative environment overall supports greater market access, which is a win-win for consumers and states. Also Read: DraftKings Q1 Earnings Highlights: Sportsbook Posts Revenue Beat, EPS Beat, Raises Revenue, EBITDA Guidance He noted an u ...

文章核心观点 - DraftKings (DKNG) 近期在Zacks.com上成为搜索量最高的股票之一 公司未来的股价表现可能受到多个关键因素的影响 [1] 股价表现 - 过去一个月，DraftKings的股价下跌了14.7%，而Zacks S&P 500综合指数上涨了3.5% 同期，Zacks游戏行业下跌了5.9% [2] 盈利预测修正 - Zacks认为公司未来盈利预测的变化是决定股票公平价值的关键因素 如果盈利预测上升，股票的公平价值也会上升，从而吸引投资者购买，推动股价上涨 [3][4] - DraftKings当前季度的每股收益预计为$0.02，同比增长111.8% 过去30天，Zacks共识估计下降了33.3% [5] - 当前财年的共识盈利估计为-$0.21，同比增长87.9% 过去30天，估计变化了-5.7% [6] - 下一财年的共识盈利估计为$0.86，同比增长508.6% 过去一个月，估计变化了-3.4% [7] - 由于最近的共识估计变化较大，DraftKings被评级为Zacks Rank 3 (Hold) [8] 收入增长预测 - DraftKings当前季度的共识销售估计为$1.1 billion，同比增长26.2% 当前和下一财年的估计分别为$4.95 billion和$5.91 billion，同比增长35.1%和19.5% [11] 最新财报和意外历史 - DraftKings上一季度的营收为$1.18 billion，同比增长52.7% 每股收益为-$0.30，去年同期为-$0.87 [12] - 与Zacks共识估计的$1.13 billion相比，实际营收超出4.4% 每股收益意外为-7.14% [13] - 在过去四个季度中，DraftKings两次超出共识每股收益估计，每次都超出共识营收估计 [14] 估值 - DraftKings的估值评级为F，表明其交易价格高于同行 这可能意味着公司被高估 [17][18] 结论 - DraftKings的Zacks Rank 3表明其短期内可能与更广泛的市场表现一致 [19]

Taxes could crush DraftKings' improving business. DraftKings (DKNG 1.11%) stock has been hit by news that Illinois could be raising taxes, and that may undermine the company's financial upside. As Travis Hoium discusses in this video, taxes may continue to be a headwind for online gaming companies long-term. *Stock prices used were end-of-day prices of June 3, 2024. The video was published on June 3, 2024. ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Although the shares climbed over the last year, the company's best days still could be ahead. DraftKings (DKNG -10.29%) has been a great stock to own over the past year, with the stock up over 55% during that period. However, it's not hard to imagine that the best days are still ahead for the company and its shareholders. The stock has always been a play on states' continued legalization of online sports and casino betting. This has steadily played out, with Vermont and North Carolina the latest to legalize ...

Topline Bets on sports betting giants came up short Tuesday, as shares of gambling market dominators DraftKings and FanDuel tanked as Illinois closed in on a significant increase on the tax rate facing the companies' operations in the state. Tuesday was an icy day for DraftKings investors. Getty Images Key Facts DraftKings stock nosedived 11% and U.S.-listed shares of FanDuel parent Flutter Entertainment tanked 7% in Tuesday trading, moving against the tech-heavy Nasdaq stock index's modest gain. The stock ...

The stock is now below its 126-day moving average after spending a significant period of time above it, defined for this study as having traded north of this trendline 80% of the time in the past two months, and in eight of the past 10 trading days. Per data from Schaeffer's Senior Quantitative Analyst Rocky White, four similar signals occurred during the past three years, with DKNG averaging a 12.9% one-month gain. Now looks like a good time to weigh in on DKNG's next move with options. Its Schaeffer's Vol ...

Illinois could raise its tax rate for sports betting from 15% to as much as 37%. Shares of online sports gambling website DraftKings (DKNG -11.57%) got decked on Tuesday, falling 13.5% through 11:50 a.m. ET. The Wall Street Journal reported that Illinois legislators have approved their 2025 budget, including a provision that would more than double taxes on sports betting operators. Citing multiple analyst reports, TheFly.com estimates that the new law, if signed by the governor, will raise DraftKings' Illin ...