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. reports news on its online sports betting, iGaming, daily fantasy sports, lottery and sports event contract businesses. Company updates commonly cover financial results, customer acquisition and retention, sportsbook net revenue margin, product integrations, responsible-gaming initiatives and expansion in regulated North American jurisdictions.
Recurring developments also include Jackpocket lottery courier activity, digital lottery products, media and sports partnerships, platform personalization features, investor presentations, share repurchase activity, governance updates and legal or regulatory matters tied to online wagering and sports-related betting products.
DraftKings (Nasdaq: DKNG) announced “DraftKings Gameday,” a one-day nationwide celebration on September 2, 2026, timed to the start of football season and the first football season with DraftKings Sports & Casino available nationwide. Customers will see exclusive in-app promotions across Sportsbook, Predictions and Casino, plus in-person “Gameday Fuel” free-gas activations in select cities.
The company is also running a “Take Your Game Anywhere” marketing campaign featuring Kevin Hart and Nick Jonas and will donate $50,000 through DraftKings SERVES to Disabled American Veterans to support its Transportation Network for free rides to VA medical facilities.
DraftKings (Nasdaq: DKNG) closed a $700 million senior secured Term Loan B and a new $750 million senior secured revolving credit facility, replacing its prior $500 million revolver maturing November 2029.
The Term Loan B was upsized from $600 million due to demand, matures in August 2033, bears interest at SOFR + 2.00%, was issued at 99.50% of par, and amortizes at 1% of principal annually. DraftKings plans to use net Term Loan B proceeds to repurchase portions of its 2028 Convertible Notes, subject to market conditions, and for general corporate purposes.
The new revolving credit facility, providing up to $750 million in revolving loans, swing line borrowings and letters of credit, matures in August 2031 and is intended for general corporate purposes.
DraftKings (Nasdaq: DKNG) has launched syndication for a proposed $600 million senior secured term loan B. According to the company, net proceeds are expected to be used to repurchase a portion of its existing Convertible Notes due 2028, subject to availability and market conditions, and for general corporate purposes.
DraftKings has also launched syndication of, and secured commitments for, a new $750 million senior secured revolving credit facility maturing in 2031, which will replace its existing $500 million revolver maturing in 2029. The company plans to use this facility for general corporate purposes and expects it to be substantially undrawn at closing. Completion of both facilities remains subject to market and other conditions.
DraftKings (Nasdaq: DKNG) reported second quarter 2026 revenue of $1.44 billion, down 4.6% from $1.51 billion in 2025, as customer‑friendly sports outcomes and higher promotions weighed on results despite strong underlying activity. Sports Consumer Volume rose to $13.1 billion, up 14.5% year over year.
Monthly Unique Payers grew about 9% to 3.6 million, while Average Revenue per MUP declined 13% to $132. DraftKings posted a GAAP net loss attributable to common stockholders of $67.6 million (loss of $0.14 per basic and diluted share) versus net income of $157.9 million a year earlier. Adjusted EBITDA was $114.6 million, compared with $300.6 million in the prior‑year quarter.
According to DraftKings, full‑year 2026 guidance is unchanged at $6.5–$6.9 billion in revenue and $700–$900 million of Adjusted EBITDA. For the first six months of 2026, total revenue was $3.09 billion, up 5.8% year over year, and operating cash flow was $63.0 million.
DraftKings (Nasdaq: DKNG) will release its second quarter 2026 financial results after market close on Thursday, August 6, 2026. Management will host a conference call and live audio webcast on Friday, August 7, 2026 at 8:30 a.m. ET via the company’s investor relations website.
DraftKings (Nasdaq: DKNG) will launch its online sportsbook and casino, plus the Golden Nugget Online Gaming brand, in Alberta on July 13. Alberta becomes DraftKings’ 34th North American jurisdiction and second Canadian province. Offerings include same-game parlays, live betting, odds boosts and thousands of casino titles.
To mark the launch, DraftKings will host a World Cup watch party in Calgary on July 11 and donate $150,000 to Food Banks Alberta, funding over 40,000 pounds of food. The company highlights responsible gambling tools such as deposit limits, cool-off periods and self-exclusion.
DraftKings (Nasdaq: DKNG) launched DKeX, a proprietary prediction markets exchange integrated into the DraftKings: Sports & Casino app. DKeX supports DraftKings Predictions, which generated about $3.4 billion annualized consumer volume and $11.3 billion annualized total trading volume for the week ended June 21.
The platform uses Railbird Technologies’ CFTC-licensed technology, offers combos adopted by over 30% of customers since mid-May, and provides sports event contracts in 18 states with enhanced responsible engagement tools.
DraftKings (Nasdaq: DKNG) announced that CEO and co-founder Jason Robins will participate in the 2026 Nasdaq Investor Conference in Association with Jefferies.
The fireside chat is scheduled for 11:00AM BST (6:00AM EDT) on June 10, 2026, with live audio accessible via DraftKings’ investor relations website.
DraftKings (Nasdaq: DKNG) announced that Chief Financial Officer Alan Ellingson will participate in the MoffettNathanson Media, Internet & Communications Conference on May 14, 2026.
The fireside chat is scheduled for 2:15 PM ET and will be accessible via live audio on DraftKings’ investor relations website.
DraftKings (Nasdaq: DKNG) reported Q1 2026 revenue of $1,646 million, up 16.8% year‑over‑year, and GAAP net income attributable to common stockholders of $21.1 million. Adjusted EBITDA was $167.9 million. Monthly Unique Payers were 4.2 million (‑4%); ARPMUP rose 21% to $131. Fiscal 2026 guidance was maintained at $6.5–6.9 billion revenue and $700–900 million Adjusted EBITDA.