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) and ESPN announced account linking to let customers connect DraftKings Sportsbook and ESPN for personalized experiences ahead of March Madness.
Linked users get one free month of ESPN Unlimited and access to a new “Bet Your Bracket” feature that matches wagers to ESPN Tournament Challenge brackets; additional integration details and timing will be shared closer to launch.
DraftKings (DKNG) affiliate Jackpocket facilitated a record $250.8 million Powerball win from a ticket ordered in Arkansas on March 4, 2026. The ticket matched numbers 2, 17, 18, 38, 62 and Powerball 20.
Jackpocket said this is the largest prize ever won via its app, the company has enabled 80 prizes of $1 million or more, and the service is available in 17 jurisdictions.
DraftKings (Nasdaq: DKNG) outlined an expanded growth strategy and long-term framework, citing a $55 billion to $80 billion 2030 industry gross revenue opportunity tied to state legalization, jurisdiction growth, and DraftKings Predictions.
The company plans a unified DraftKings Sports & Casino Super App—Phase one expected by March Madness 2026—and increased AI deployment. DraftKings targets at least a 30% Adjusted EBITDA margin long term, with upside as scale grows.
DraftKings (Nasdaq: DKNG) secured licensure from the Arkansas Racing Commission to provide its online sportsbook in Arkansas on behalf of Southland Casino Hotel, pending final regulatory approvals. The agreement expands DraftKings Sportsbook access to more than 2 million adult residents and raises U.S. population coverage to 53%.
Eligible Arkansas customers will get DraftKings’ sportsbook features, responsible gaming tools, and live betting as the company prepares for a market launch timing to be set after remaining approvals.
DraftKings (Nasdaq: DKNG) launched its online sportsbook in Puerto Rico on February 23, 2026, expanding digital access after opening a retail sportsbook at Foxwoods El San Juan Casino in November. Eligible Puerto Rico residents must register in person at Foxwoods El San Juan Casino to use the mobile sportsbook.
The platform offers same-game parlays, in-game wagering, and odds boosts across major leagues including MLB, NFL, and NBA, with responsible gaming tools available through the DraftKings Responsible Gaming Center.
DraftKings (Nasdaq: DKNG) reported Q4 2025 revenue of $1.989B, up 43% year-over-year, and fiscal 2025 revenue of $6.054B, up 27%. The company posted record Adjusted EBITDA of $343.2M in Q4 and $620.0M for the year, and reported positive fiscal 2025 net income.
DraftKings introduced fiscal 2026 guidance: revenue $6.5–6.9B and Adjusted EBITDA $700–900M, cited investment in DraftKings Predictions, footprint expansion, and disciplined planning.
DraftKings (Nasdaq: DKNG) announced an agreement with Crypto.com to expand DraftKings Predictions by adding the first player-specific NFL and NBA event contracts, broader sports markets, and new categories such as culture, entertainment, and politics. The platform will also integrate Railbird Exchange in coming months.
The expansion leverages a CFTC-regulated exchange connection and aims to increase prediction market breadth in states where the product is available while keeping Responsible Trading tools integrated.
DraftKings (Nasdaq: DKNG) will release fourth quarter 2025 results after market close on February 12, 2026 and hold an earnings conference call and audio webcast on February 13, 2026 at 8:30 a.m. ET to discuss results and business performance. The audio webcast will be available on the company's investor relations site through March 31, 2026. DraftKings will also host a virtual Investor Day on March 2, 2026 at 9:00 a.m. ET to present its opportunity, sustainable advantages, financial framework, and capital allocation priorities. Webcasts, on-demand replays, and presentation materials will be posted on the investor relations website after each event.
DraftKings (NASDAQ: DKNG) on Dec 19, 2025 launched DraftKings Predictions, a standalone mobile and web app entering prediction markets under CFTC oversight. The product lets eligible U.S. customers trade event contracts across sports and finance initially, with entertainment and culture planned later. Event contracts will be available across 38 states and DraftKings Predictions will connect to multiple exchanges, beginning with CME Group at launch. The company plans a phased rollout that includes integration of recently acquired Railbird Technologies and highlights a Responsible Trading program, deposit limits, self-exclusion tools, and educational resources. Launch promotions include a $1 million prize opportunity and up to a $25 trade bonus for first trades where sports event contracts are offered.
DraftKings (NASDAQ: DKNG) announced on November 25, 2025 the launch of a Spanish-language experience within the DraftKings Sportsbook & Casino app. The feature will roll out first to select existing customers in the U.S. and Ontario, then expand to all users in the coming weeks. Mobile devices set to Spanish will default the app to Spanish after updating. The Spanish experience will extend across onboarding, navigation, betting content, gameplay, promotions, customer support, and Responsible Gaming Center tools.