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Draftkings Inc Stock Price, News & Analysis

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Welcome to our dedicated page for Draftkings news (Ticker: DKNG), a resource for investors and traders seeking the latest updates and insights on Draftkings stock.

DraftKings Inc. (DKNG) is a leading digital sports entertainment platform offering daily fantasy sports, regulated online betting, and iGaming solutions. This page serves as your centralized source for official company announcements, financial updates, and strategic developments.

Investors and industry observers will find timely updates on earnings reports, regulatory milestones, product launches, and partnership agreements. Our curated collection ensures access to verified press releases and market-moving news without promotional bias.

Key coverage areas include sportsbook expansions, technology innovations, responsible gaming initiatives, and market penetration strategies. Bookmark this page to track DKNG's evolving position in competitive gaming markets and regulatory landscapes.

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DraftKings (NASDAQ: DKNG) has announced the return of its Pink 'Em campaign in partnership with The Larry Fitzgerald Foundation for October 2025. The initiative, part of DraftKings S.E.R.V.E.S program, features free-to-play pick 'em pools for NFL Sunday games during Weeks 5-8, with $5,000 in weekly DK Dollar prizes.

DraftKings will donate $1 per entry for the first 20,000 free entries each week. Having raised over $600,000 since 2019, the company aims to reach a $100,000 donation goal this October to support breast cancer awareness and assist affected families. The pools will be available for NFL games on October 5, 12, 19, and 26.

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DraftKings (NASDAQ: DKNG) has secured a landmark multi-year advertising agreement with NBCUniversal for exclusive integrations and digital sponsorships across NBC's sports properties. The partnership encompasses major sports coverage including NFL, NBA, NCAA, PGA Tour, Premier League, and more.

The collaboration grants DraftKings exclusive rights for integrations and digital sponsorships in categories including online sports betting, iGaming, daily fantasy sports, online lottery, and horse wagering. The deal will leverage NBCUniversal's reach across linear, streaming, and digital platforms, covering major events like Super Bowl LX, NBA All-Star Weekend, and the 2026 FIFA Men's World Cup on Telemundo.

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DraftKings (NASDAQ:DKNG) announced that CEO and Co-founder Jason Robins will participate in a fireside chat at the BofA Securities 2025 Gaming and Lodging Conference on September 4, 2025, at 12:10 PM ET. Investors can access the live audio stream through either the conference website or DraftKings' Investor Relations platform.

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DraftKings (NASDAQ: DKNG) has launched a Responsible Gaming Education Month (RGEM) campaign featuring an NFL tickets sweepstakes to promote responsible gaming practices. The initiative rewards customers who engage with responsible gaming tools, including the new My Budget Builder and My Stat Sheet.

The campaign runs through September, offering chances to win NFL regular season tickets and a grand prize trip to Super Bowl LX. DraftKings reported that My Stat Sheet has been used by approximately 3.4 million customers to review their gaming activity since its launch. The company is also introducing a new Code of Responsible Play ahead of the NFL season.

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DraftKings (NASDAQ: DKNG) has secured one of two direct mobile sports betting licenses in Missouri from the Missouri Gaming Commission. The company plans to launch its online sportsbook operations on December 1, 2025, subject to final regulatory approvals.

This license allows DraftKings to operate independently across Missouri without requiring partnerships with land-based casinos or sports teams. Missouri will become DraftKings' 29th U.S. state for regulated sports betting operations, adding to its presence in Washington D.C. and Ontario, Canada.

The company emphasizes its commitment to responsible gaming through tools like My Stat Sheet and My Budget Builder, while supporting local communities through its S.E.R.V.E.S. program.

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DraftKings (NASDAQ:DKNG) reported record-breaking Q2 2025 results with revenue reaching $1.513 billion, a 37% increase year-over-year. The company achieved significant milestones with net income of $158 million and Adjusted EBITDA of $301 million.

Monthly Unique Payers grew to 3.3 million, up 6% YoY, while Average Revenue per MUP increased 29% to $151. The company maintained its FY2025 guidance of $6.2-6.4 billion in revenue and $800-900 million in Adjusted EBITDA, expecting revenue to be near the higher end of the range.

DraftKings operates in 25 states for mobile sports betting and 5 states for iGaming, with plans to launch in Missouri. The company also repurchased 6.5 million shares in the first half of 2025.

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DraftKings (NASDAQ: DKNG) has scheduled its second quarter 2025 financial results release for August 6, 2025 after market close. The company will host a conference call and audio webcast the following day on August 7, 2025, at 8:30 a.m. ET, where management will discuss quarterly performance and provide business commentary.

Investors and interested parties can access the audio webcast and Q&A session through DraftKings' investor relations website. The webcast recording will remain available until September 30, 2025, at 11:59 p.m. ET.

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DraftKings (NASDAQ: DKNG) has launched My Budget Builder, a new Responsible Gaming tool designed to help players manage their entertainment budgets across DraftKings' platforms including Sportsbook, Daily Fantasy Sports/Pick6, and Casino.

The tool allows users to set customized limits and reminders through a guided interface, covering categories such as deposit amounts, total wagers, maximum wager size, loss limits, time spent, contest entries, and contest fees. Players can access My Budget Builder through the DraftKings Responsible Gaming Center online or via the DraftKings app.

This launch follows the success of DraftKings' My Stat Sheet feature, introduced in 2024, which has garnered over 20 million visits since its debut. My Stat Sheet provides players with detailed gaming activity information including time spent, deposits, withdrawals, contest participation, and net outcomes.

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DraftKings (NASDAQ: DKNG) has announced the implementation of a $0.50 transaction fee on all mobile and online sports bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025. This decision comes in response to recent tax increases by the Illinois state legislature that have more than tripled the tax rate on mobile and online sports wagers over the past two years. CEO Jason Robins expressed disappointment with the policy changes and raised concerns about their impact on the legal, regulated industry while noting that illegal operators continue to thrive without paying taxes or providing consumer protections. DraftKings has committed to removing the fee if the tax legislation is repealed.
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DraftKings (DKNG) reported Q1 2025 revenue of $1,409 million, up 20% from $1,175 million in Q1 2024. Monthly Unique Payers increased 28% to 4.3 million, while Average Revenue per MUP decreased 5% to $108. The company revised its FY2025 guidance downward, now projecting revenue of $6.2-6.4 billion (32% YoY growth) and Adjusted EBITDA of $800-900 million. The revenue increase was driven by customer engagement, efficient customer acquisition, higher Sportsbook hold percentage, and the Jackpocket acquisition, though offset by customer-friendly sport outcomes. DraftKings repurchased 3.7 million shares in Q1 and is currently operational with mobile sports betting in 25 states plus D.C. (49% of U.S. population) and iGaming in 5 states (11% of U.S. population).
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FAQ

What is the current stock price of Draftkings (DKNG)?

The current stock price of Draftkings (DKNG) is $32.679 as of October 10, 2025.

What is the market cap of Draftkings (DKNG)?

The market cap of Draftkings (DKNG) is approximately 17.5B.
Draftkings Inc

Nasdaq:DKNG

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DKNG Stock Data

17.48B
484.09M
2.45%
85.02%
6.08%
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