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.
DraftKings (Nasdaq: DKNG) appointed Gregory W. Wendt to its Board of Directors as an independent director, effective October 24, 2025. He was recommended by the Board’s Nominating and Corporate Governance Committee and will serve on that committee.
Mr. Wendt retired as a Partner at Capital Group after a 37-year career, where he worked as an investment analyst and portfolio manager with research coverage of the global casino and leisure sectors. He holds an A.B. in Economics from the University of Chicago and an M.B.A. from Harvard.
DraftKings (Nasdaq: DKNG) will release its third quarter 2025 results after market close on Thursday, November 6, 2025.
The company will host a conference call and audio webcast on Friday, November 7, 2025 at 8:30 a.m. ET for management commentary and live Q&A. Investors can access the live webcast at the DraftKings investor relations website: investors.draftkings.com.
The audio webcast replay will remain available on the investor site until 11:59 p.m. ET on December 31, 2025.
DraftKings (NASDAQ: DKNG) announced on October 21, 2025 the acquisition of Railbird Technologies and its subsidiary Railbird Exchange, a CFTC-designated exchange.
The deal gives DraftKings proprietary technology, licensing, and a team to support entry into regulated prediction markets and the planned launch of DraftKings Predictions, a mobile app to trade regulated event contracts across finance, culture, and entertainment.
The product will be able to connect to multiple exchanges and is expected to debut as a mobile application in the coming months.
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.
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.
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.
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.
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.
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.
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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