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.
The DraftKings Inc. (DKNG) news feed on Stock Titan focuses on developments across the company’s digital sports entertainment and gambling ecosystem. DraftKings describes itself as the "Ultimate Host" for sports fans, with products spanning daily fantasy sports, regulated online sports betting, iGaming, digital lottery courier services through Jackpocket, prediction markets via DraftKings Predictions and media content on DraftKings Network. News about DraftKings often highlights how these offerings evolve within regulated markets in the United States and Canada.
Investors and followers of DKNG can use this page to track company announcements on topics such as mobile and retail sportsbook launches in new jurisdictions, expansions of iGaming under the DraftKings and Golden Nugget Online Gaming brands, and updates on daily fantasy sports availability across U.S. states and Canadian provinces. Coverage also includes partnership news with major sports leagues and media organizations, including DraftKings’ roles as an official sports betting or daily fantasy partner of leagues like the NFL, NBA, NHL, PGA TOUR, WNBA, UFC, NASCAR and MLB, as well as multi-year advertising and integration agreements with broadcasters such as NBCUniversal.
DraftKings news frequently features financial updates and strategic moves disclosed through earnings press releases and related 8-K filings, including revenue trends across sportsbook, iGaming and other revenue categories, and capital allocation decisions such as share repurchase authorizations. Additional items include product innovations, such as the launch of DraftKings Predictions under CFTC oversight, acquisitions like Railbird Technologies Inc. and Railbird Exchange, LLC to support prediction markets, and enhancements to responsible gaming and responsible trading tools.
By following this DKNG news page, readers can monitor how DraftKings’ regulated gaming footprint, partnerships, technology initiatives and responsible engagement programs develop over time, and how these factors shape the company’s position in online sports betting, iGaming, fantasy sports, lottery courier services, prediction markets and digital sports media.
DraftKings Inc. has expanded its partnership with the NFL, becoming the Official Sports Betting Partner while retaining its status as the exclusive Official Daily Fantasy Partner.
This partnership allows DraftKings to integrate sports betting content into NFL Media properties and utilize the NFL's official data feed, enhancing fan engagement.
Both organizations aim to innovate how fans interact with sports, emphasizing responsible gaming practices as part of their collaboration.
DraftKings Inc. has announced a $200,000 donation to the Jackie Robinson Foundation to support its scholarship program aimed at addressing educational disparities. The announcement coincides with MLB's Jackie Robinson Day on April 15, honoring the legend's impact on sports. DraftKings' co-founder and CEO, Jason Robins, expressed pride in contributing to a cause that honors Robinson’s legacy. The company has donated over $1.1 million to various charities in 2021 and continues to explore more support avenues for the Foundation's initiatives.
DraftKings and the PGA TOUR are expanding their partnership to launch a premium sportsbook at TPC Scottsdale in Arizona, following the passage of HB 2772, which legalizes sports betting in the state. This initiative aims to enhance fan engagement and is expected to create a dynamic ‘19th hole’ experience for visitors. DraftKings will also become the exclusive sports betting partner for the Waste Management Phoenix Open. The collaboration is positioned to deliver significant economic benefits for the local community and make TPC Scottsdale a premier destination for sports betting.
DraftKings Inc. (Nasdaq: DKNG) has appointed Brian Angiolet as its first Chief Media Officer to enhance content creation and media strategy. Angiolet, previously SVP at Verizon, brings extensive experience in digital media and sports partnerships. He will oversee efforts following DraftKings' recent acquisition of Vegas Sports Information Network (VSiN) and other media integration initiatives. CEO Jason Robins emphasized Angiolet's potential to drive engagement through innovative content strategies, marking a significant step in DraftKings' growth in the sports and gaming arena.
DraftKings (Nasdaq: DKNG) will release its first quarter 2021 results on May 7, 2021, prior to 8:30 AM EDT. A conference call to discuss these results will be held at 8:30 AM EDT that same day. Investors can access the earnings press release and related materials on DraftKings' investor relations website. The audio webcast of the call will also be available on the site until June 14, 2021. DraftKings is a leading digital sports entertainment and gaming company, operating in multiple countries and providing a variety of sports betting and gaming technologies.
DraftKings Inc. (Nasdaq: DKNG) has acquired Blue Ribbon Software Ltd., a leader in jackpot and gamification technology based in Tel Aviv. This acquisition enables DraftKings to enhance customer engagement through customizable jackpot promotions and personalized rewards across its platform. BlueRibbon's expertise will help DraftKings further differentiate its offerings in the competitive sports betting and iGaming markets. The integration will also see BlueRibbon's team fully merged into DraftKings, with plans for hiring in Tel Aviv.
DraftKings (Nasdaq: DKNG) has announced that CFO Jason Park will speak at the Michigan Ross Sports Tech Conference on March 31, 2021, at 12:45 PM EDT. This participation highlights DraftKings' commitment to engaging with industry leaders and furthering its presence in the sports tech sector. The conference will provide live video and audio access, details of which can be found on the event's website.
DraftKings has acquired the Vegas Sports Information Network (VSiN), enhancing its content capabilities in the rapidly expanding sports betting market. This strategic acquisition allows DraftKings to leverage VSiN's established audience and credible content creation, which includes over 18 hours of live sports betting broadcasts daily. CEO Jason Robins emphasized the importance of VSiN’s brand equity and infrastructure. VSiN will maintain operational independence while integrating its staff into DraftKings' workforce. This move is expected to position DraftKings better amidst the growing legalization of sports betting across the U.S.
DraftKings (Nasdaq: DKNG) has been announced as the Official Gaming Partner of WWE (NYSE: WWE), pending regulatory approval. This partnership will feature DraftKings' free-to-play pools product, debuting at WrestleMania on April 10 and 11, enhancing audience engagement with WWE's events. The collaboration provides DraftKings an exclusive license for media assets and in-game branding for WWE's pay-per-view events, allowing fans to participate in integrated contests. This agreement marks a significant milestone in WWE’s efforts to deepen fan engagement and offers DraftKings leverage with WWE's extensive audience.
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