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DraftKings Inc. - DKNG STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DraftKings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DraftKings's position in the market.

Rhea-AI Summary
DraftKings Inc. (Nasdaq: DKNG) plans to launch its online sportsbook in Vermont on January 11, 2024, expanding its presence to 26 U.S. states and Ontario, Canada. The Boston-based company aims to provide safe and legal sports betting in the New England region, including five of six states with its online sportsbook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
Tags
none
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Rhea-AI Summary
DraftKings Inc. (Nasdaq: DKNG) has launched a new peer-to-peer fantasy sports variant called DraftKings Pick6, debuting in six states initially with plans for additional rollouts. The product allows customers to compete for guaranteed prizes by building a lineup of two to six players and choosing more or less of a statistic for each athlete. Alongside Pick6, DraftKings also announced the upcoming 'Progressive Parlay' feature within its sports betting product.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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none
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Rhea-AI Summary
5th Annual Sports Power Brunch: Celebrating the Most Powerful Women in Sports™ announced Coca-Cola® Zero Sugar as the Presenting Sponsor for the event taking place on February 7, 2024. Major sponsors include Porsche, DraftKings Inc. (Nasdaq: DKNG), Prime Video, Las Vegas Raiders, National Football League, and ESPN Films.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.02%
Tags
none
Rhea-AI Summary
DraftKings Inc. (Nasdaq: DKNG) CEO Jason Robins to participate in the 3rd Annual Craig-Hallum Online Gaming Conference on December 4, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.99%
Tags
none
-
Rhea-AI Summary
DraftKings Inc. announces its third quarter 2023 financial results, reporting revenue of $790 million, a 57% increase compared to the same period last year. The company also introduces fiscal year 2024 revenue guidance of $4.5 billion to $4.8 billion and fiscal year 2024 Adjusted EBITDA guidance of $350 million to $450 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.46%
Tags
none
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Rhea-AI Summary
DraftKings Inc. has reached an agreement in principle with the Passamaquoddy Tribe to launch its online sportsbook in Maine. The agreement will allow sports fans 21 years and older to access DraftKings' sportsbook app. DraftKings will become the official mobile sports betting provider of the Passamaquoddy Tribe. In response to the tragic events in Lewiston, ME, DraftKings will donate $100,000 to the Lewiston-Auburn Area Response Fund.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.41%
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none
News
Rhea-AI Summary
DraftKings Inc. will host a virtual Investor Day on November 14, 2023, providing insights on market opportunity, competitive differentiation, business drivers, and financial outlook.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.3%
Tags
conferences
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Rhea-AI Summary
DraftKings to release Q3 2023 results on November 2nd
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.09%
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-
Rhea-AI Summary
DraftKings CEO to participate in Global Gaming Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
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none
Rhea-AI Summary
DraftKings to launch mobile sportsbook in Kentucky on September 28, 2023, offering betting options across collegiate and professional sports. Kentucky marks the 24th jurisdiction where DraftKings is live. DraftKings has teamed up with Kentucky Sports Radio host Matt Jones for the launch. In addition to the online sportsbook, Kentucky residents can place wagers in person at The Mint Gaming Hall Cumberland and Cumberland Run. DraftKings emphasizes responsible gaming through its S.E.R.V.E.S. program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.94%
Tags
none
DraftKings Inc.

Nasdaq:DKNG

DKNG Rankings

DKNG Stock Data

21.03B
461.00M
2.63%
69.45%
4.28%
Gambling
Consumer Cyclical
Link
US
Boston

About DKNG

DraftKings is an American daily fantasy sports contest and sports betting company. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports (MLB, the NHL, the NFL, the NBA and the PGA), Premier League and UEFA Champions League football, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts (MMA), Tennis, All Elite Wrestling (AEW), and WWE.