DKNG - DraftKings Inc.
DraftKings Inc. (Nasdaq: DKNG) today announced plans for DraftKings Gameday, a one-day nationwide celebration taking place September 2, 2026. Featuring exclusiv
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) today announced plans for DraftKings Gameday, a one-day nationwide celebration taking place September 2, 2026. Featuring exclusive promotions for customers, a customized in-app experience, in-person activations, a charitable donation and a new creative campaign, DraftKings Gameday will kick off the first football season with DraftKings Sports & Casino available nationwide.1 Fans will be able to enjoy Sportsbook, Predictions and Casino.
When Joey called in 31 days sober from gambling with $23,000 spread across four credit cards, Dave Ramsey had a verdict. But the real numbers behind the app that wrecked him tell a story Ramsey never got to on air.
DKNG's sportsbook gains, stronger customer economics and Predictions growth give it an edge over FLUT amid weaker guidance and earnings pressure.
Gaming and Leisure Properties is upgraded to Strong Buy, with valuation at a deep discount and a highly attractive, sustainable dividend yield. GLPI delivered strong Q2 results, raised AFFO guidance to $1.219–$1.225 billion, and maintained a solid balance sheet with 4.8x leverage. Risks include heavy reliance on PENN (roughly half of the rent) and macro headwinds, but current valuation already reflects significant risk premiums.
DraftKings customers have long had to think in different currencies depending on where they were playing. Points on the sportsbook.
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its previously announced (i) $700 million senior secured term loan B credit facility (the “Term Loan B”) and (ii) $750 million senior secured revolving credit facility (the “New Revolving Facility”), which replaced its existing $500 million senior secured revolving credit facility that was scheduled to mature in November 2029. The aggregate principal amount.
Sports-betting companies have seen their stocks slide over fears of competition from prediction markets.
DraftKings (NASDAQ:DKNG | DKNG Price Prediction) has had a rough stretch in 2026.
DraftKings Inc. has achieved rapid revenue growth, moving from $3.67B in 2023 to $6.05B in 2025, and recently turned a net profit. DKNG's user base and average revenue per monthly unique payer continue to expand, supported by successful product diversification and a strong customer acquisition flywheel. Management guides for 2026 revenue of $6.5–$6.9B and EBITDA of $700–$900M, reflecting ongoing momentum and confidence in new offerings like DraftKings Predictions.
On August 17, 2026, DraftKings Inc (DKNG) shares fell 3.2% to a current price of $25.30, fluctuating within a 52-week range of $20.46 to $48.78. This recent dec
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
BOSTON--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term Loan B”) in an aggregate principal amount of $600 million. DraftKings intends to utilize the net proceeds of the Term Loan B for repurchases of a portion of its existing Convertible Notes due 2028 (subject to availability and market conditions) and other general corporate purposes. In connection wit.
Assenagon Asset Management S.A. trimmed its position in DraftKings Inc. (NASDAQ: DKNG) by 42.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,504 shares of the company's stock after selling 99,812 shares during the quarter. Assenagon Asset Management S.A.'s
The proliferation of prediction markets is increasing competition.
DraftKings has rolled out a new rewards currency called Crown Cash that powers the company's loyalty program, DraftKings Rewards, and makes it easier to view and use rewards across eligible DraftKings experiences, the digital sports and gaming company said in a Wednesday (Aug. 12) press release.
DraftKings faces existential pressure as prediction markets outpace traditional sportsbook offerings. DKNG remains a "Sell" despite a brief Q2 rebound; shares are down ~30% YTD and trade at a premium. Revenue and EBITDA are declining, with 1H EBITDA at $282 million, well below the FY26 guidance midpoint of $750 million.
At $24.03, DraftKings (NASDAQ:DKNG | DKNG Price Prediction) is a hold.
Dimensional Fund Advisors LP lessened its holdings in DraftKings Inc. (NASDAQ: DKNG) by 44.7% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 622,796 shares of the company's stock after selling 503,290 shares during the period. Dimensional Fund Advisors LP owned about 0.13%
Today, Aug. 7, 2026, the sportsbook platform reported record $13.1 billion in combined volume despite customer-friendly outcomes pressuring margins.