Draftkings Inc Stock Price, News & Analysis

DraftKings (Nasdaq: DKNG) will launch its mobile sportsbook in Missouri on December 1, 2025 after receiving a temporary direct mobile sports wagering license from the Missouri Gaming Commission. Missouri becomes the 29th U.S. state where DraftKings offers sports wagering, plus Washington, D.C., Puerto Rico and Ontario, Canada.

Eligible Missouri customers will access same-game parlays, in-game wagering, odds boosts, and responsible gaming tools such as My Stat Sheet and My Budget Builder. A ceremonial first-bet event in St. Louis on December 1 will feature Tony Gonzalez, Isaac Bruce and Brett Hull. DraftKings is donating $50,000 to Veterans Community Project to support veteran housing in Missouri.

DraftKings (Nasdaq: DKNG) announced that Jason Robins, CEO and co‑founder, was named 2025 C‑Suite Executive of the Year by the American Gambling Awards on November 18, 2025.

The award, produced by Gambling.com Group (Nasdaq: GAMB), cites Robins’ role in driving DraftKings’ growth, advancing interactive sports betting features like live betting, player props, and social features, and promoting companywide adoption of AI to boost innovation and efficiency. The summary also notes Robins’ emphasis on responsible gaming: he appointed the industry’s first Chief Responsible Gaming Officer and established a dedicated team of over 50 full‑time professionals plus tools such as My Budget Builder and My Stat Sheet.

DraftKings (Nasdaq: DKNG) reported Q3 2025 revenue of $1,144.0M, up 4.4% year-over-year, driven by iGaming growth and higher Sportsbook hold despite customer-friendly sport outcomes.

The company raised fiscal 2025 guidance to $5.9B–$6.1B revenue (24%–28% YoY) and $450M–$550M Adjusted EBITDA, and its board increased the share repurchase program from $1.0B to $2.0B.

Q3 results showed iGaming revenue +24.9%, Sportsbook handle of $11.40B (+10.0%), Q3 net loss attributable to common stockholders of $256.8M (basic EPS $(0.52)), and cash/reserved balances totaling $1,708.2M at September 30, 2025.

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.