DraftKings(DKNG)

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DraftKings Plans to Launch Mobile Sports Betting in Washington D.C.
Newsfilter· 2024-07-23 19:30
文章核心观点 - DraftKings Inc.宣布计划在华盛顿特区推出其顶级在线体育博彩业务,待获得许可证和监管批准 [1] 公司动态 - 公司计划在华盛顿特区推出在线体育博彩业务,这将使其在北美运营的司法管辖区数量达到29个 [1] - 公司总裁Matt Kalish表示,DraftKings期待通过与D.C. United的合作,在华盛顿特区提供一流的体育博彩体验 [2] - 公司致力于提供负责任的博彩环境,提供多种消费者保护工具和资源 [5][6] - 公司是American Gaming Association的活跃成员,致力于推广负责任的博彩实践 [6] - 公司提供DraftKings Sportsbook应用程序,供华盛顿特区的合格客户下载使用 [7] 市场环境 - 华盛顿特区拥有多个职业体育团队,包括MLB、MLS、NBA、WNBA、NWSL和NHL [3] - D.C. United的总裁Danita Johnson表示,期待与DraftKings合作,为D.C.居民提供在线体育博彩服务 [4] 公司背景 - DraftKings Inc.是一家数字体育娱乐和博彩公司,成立于2012年,总部位于波士顿 [8] - 公司提供的产品包括每日梦幻体育、受监管的博彩和数字媒体 [8] - 公司是唯一一家在美国垂直整合的体育博彩运营商 [8] - 公司在美国27个州和加拿大安大略省运营移动和零售体育博彩业务 [8] - 公司在美国五个州和加拿大安大略省运营iGaming业务 [8] - 公司拥有Jackpocket,这是美国领先的数字彩票应用程序 [8] - 公司的每日幻想体育产品在44个州、某些加拿大省份和英国可用 [8] - 公司是多个体育联盟的官方合作伙伴,包括NFL、NHL、PGA TOUR、WNBA和UFC [8] - 公司拥有并运营DraftKings Network,这是一个多平台内容生态系统 [8]
Musburger Media Purchases VSiN, The Sports Betting Network
Newsfilter· 2024-07-23 03:45
"While a lot has changed in the sports betting industry over the past three-and-a-half years, our original vision for VSiN still holds and we are committed to delivering the most credible, independent information and analysis sports bettors can find anywhere," said Brian Musburger. "We truly appreciate the work we've done with DraftKings and look forward to continuing to collaborate on future projects. Bill and I couldn't be more excited about leading VSiN into the future and cementing our position as a tru ...
Why the Market Dipped But DraftKings (DKNG) Gained Today
ZACKS· 2024-07-20 06:55
DraftKings (DKNG) closed the most recent trading day at $36.93, moving +0.71% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.71%. At the same time, the Dow lost 0.93%, and the tech-heavy Nasdaq lost 0.81%. DKNG's full-year Zacks Consensus Estimates are calling for earnings of -$0.28 per share and revenue of $5 billion. These results would represent year-over-year changes of +83.82% and +36.33%, respectively. Our research demonstrates that these adjustments ...
3 Growth Stocks to Buy Now: Q3 Edition
Investor Place· 2024-07-18 18:40
DraftKings (NASDAQ:DKNG) is the second largest sports wagering platform, with a 32% market share in the U.S. Over the past five years, it has seen impressive growth as sports betting has become more popular. As a result, revenues grew by 72% and 63% in 2022 and 2023, respectively. Source: Rido / Shutterstock In fairness, most large-cap stocks rarely have the upside of smaller capitalization stocks. The law of large numbers means that large-cap companies cannot grow as fast. Furthermore, because they are wid ...
DraftKings to Release Second Quarter 2024 Results on August 1, 2024 and Host Conference Call on August 2, 2024
GlobeNewswire News Room· 2024-07-16 04:15
BOSTON, July 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the "Company" or "DraftKings") today announced that it will release its second quarter 2024 results after the close of market trading on Thursday, August 1, 2024. DraftKings will host a conference call and audio webcast the following morning, Friday, August 2, 2024, at 8:30 a.m. ET, during which management will discuss the Company's results and provide commentary on business performance. To listen to the audio webcast and live Q&A, pl ...
DraftKings (DKNG) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-07-13 06:56
DraftKings (DKNG) closed the most recent trading day at $37.86, moving +1.91% from the previous trading session. This change outpaced the S&P 500's 0.55% gain on the day. Meanwhile, the Dow experienced a rise of 0.62%, and the technology-dominated Nasdaq saw an increase of 0.63%. Investors will be eagerly watching for the performance of DraftKings in its upcoming earnings disclosure. On that day, DraftKings is projected to report earnings of -$0.01 per share, which would represent year-over-year growth of 9 ...
DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-07-11 07:05
In the latest market close, DraftKings (DKNG) reached $36.64, with a -0.27% movement compared to the previous day. This change lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 1.09%, and the technology-dominated Nasdaq saw an increase of 1.18%. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.26 per share and revenue of $4.99 billion. These totals would mark changes of +84.97% and +36.15%, respectively, from last year. I ...
DraftKings Stock: Thrown Out With The Bathwater, Why I'm Long
Seeking Alpha· 2024-06-29 02:34
Author's work on DKNG Everyone wants strong performance across the portfolio. But strong performance comes at a cost. You have to embrace significant volatility to get strong results. Because there's no free dinner anywhere. But provided that the thesis is intact, you will get rewarded. I know this may sound difficult to believe right now. However, I know this to be true. I've seen this happen on numerous occasions. Investors are in a risk-off period and a negative story gets attached to the stock. And that ...
DraftKings (DKNG) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-06-27 07:05
The latest trading session saw DraftKings (DKNG) ending at $37.67, denoting a -0.87% adjustment from its last day's close. This move lagged the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq increased by 0.49%. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$0.22 per share and a revenue of $4.97 billion, representing changes of +87.28% and +35.47%, respectively, from the prior year. The Zacks Rank ...
Treasure Hunt: 7 Growth Stocks Wall Street Hasn't Discovered Yet
Investor Place· 2024-06-27 01:55
Moreover, growth stocks typically thrive in environments of low interest rates and economic expansion. Yet, with current economic indicators pointing toward higher interest rates and a slowdown in growth, it's crucial for investors to be selective. Also, Magnite's strategically focuses on scaling its technology-driven advertising solutions, particularly in the burgeoning CTV sector. This has yielded impressive financial outcomes in Q1 of 2024. With revenue climbing to $149.3 million, a 15% rise YOY. Importa ...