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. (DKNG) is a leading digital sports entertainment platform offering daily fantasy sports, regulated online betting, and iGaming solutions. This page serves as your centralized source for official company announcements, financial updates, and strategic developments.
Investors and industry observers will find timely updates on earnings reports, regulatory milestones, product launches, and partnership agreements. Our curated collection ensures access to verified press releases and market-moving news without promotional bias.
Key coverage areas include sportsbook expansions, technology innovations, responsible gaming initiatives, and market penetration strategies. Bookmark this page to track DKNG's evolving position in competitive gaming markets and regulatory landscapes.
Paysafe has expanded its presence in the U.S. by entering the Kansas online sports-betting market, now supporting multiple sportsbooks with deposit options and affiliate marketing services. This marks the 23rd U.S. state where Paysafe operates, with forecasts predicting Kansas will generate $1.78 billion in sports-betting revenue in its first year. Earnings from this expansion are expected to contribute positively as Paysafe strengthens partnerships with major operators like Caesars, DraftKings, and PointsBet, enhancing player acquisition and retention capabilities.
DraftKings has partnered with Amazon to sponsor Thursday Night Football on Prime Video for multiple years, starting September 15, 2022. The collaboration aims to enhance viewer experience with engaging pregame content and unique betting offers. DraftKings will provide integrations, including odds and sports betting insights, across all 15 TNF games this season. This partnership aligns with DraftKings’ objective to increase fan engagement, especially during the NFL season, and reflects their commitment to responsible gaming.
DraftKings has announced a partnership with Grammy-nominated DJ Steve Aoki, who will serve as an official brand ambassador for the DraftKings Marketplace. This collaboration focuses on the Reignmakers Football franchise, a fantasy sports series based on NFTs. Aoki's first drop, the Aoki 2022 All-Star Access Pass, will be available on September 14, granting access to exclusive contests with special prizes throughout the football season. The initiative aims to merge sports and entertainment while expanding DraftKings' reach in the Web3 space.
DraftKings (Nasdaq: DKNG) launched the Practice Safe Bets advertising campaign during the American Gaming Association’s inaugural Responsible Gaming Education Month in September 2022. Featuring celebrities like The Miz and Tony Hawk, the initiative promotes responsible gaming practices by encouraging users to set limits through the DraftKings app. This campaign highlights DraftKings' commitment to responsible gaming, building on its track record of marketing strategies and collaborations with organizations focused on safer play. The company also plans a free-to-play pool for users to enhance their knowledge of responsible gaming.
DraftKings Inc. (Nasdaq: DKNG) announced CFO Jason Park's participation in the Susquehanna Gambling & Tech Ecosystem Forum on September 7, 2022, at 11:00 AM ET. The event can be accessed via the conference's website or DraftKings' Investor Relations page. DraftKings, established in 2012, operates as a leading digital sports entertainment and gaming company, offering products in daily fantasy sports and regulated gaming across 17 countries and various U.S. states.
DraftKings Inc. (Nasdaq: DKNG) announced the launch of its online sportsbook in Kansas on September 1, 2022, pending regulatory approvals. This expansion marks Kansas as the 18th U.S. state to offer DraftKings' services, enhancing their footprint to 19 states and Ontario, Canada. The launch coincides with the NFL and college football seasons, allowing Kansans to place various bets. DraftKings also emphasizes responsible gaming through its S.E.R.V.E.S. program. The revenue and Adjusted EBITDA guidance as of August 5, 2022, does not account for contributions from this Kansas launch.
DraftKings Inc. (Nasdaq: DKNG) announced that CEO Jason Robins will participate in the Craig-Hallum Online Gaming Conference on August 23, 2022, at 9:00 AM ET. The event will feature a fireside chat, which will be accessible via the conference and DraftKings’ investor relations websites. DraftKings is a leader in digital sports entertainment and gaming, providing diverse products ranging from daily fantasy sports to regulated gaming, with operations in 18 U.S. states and Ontario, Canada.
DraftKings (Nasdaq: DKNG) announced that CFO Jason Park will participate in the Canaccord Genuity 42nd Annual Growth Conference on August 10, 2022, at 9:00 AM ET. Interested parties can access registration and live stream via the conference website or DraftKings' Investor Relations page. DraftKings operates as a digital sports entertainment and gaming company, offering products in daily fantasy, regulated gaming, and digital media across multiple platforms. The company is a key player in the U.S. sports betting market, providing operations in 18 states and Ontario, Canada.
DraftKings reported a strong second quarter for 2022, with revenues of $466 million, a 57% increase from $298 million in Q2 2021. The company's B2C segment alone saw a 68% growth, reaching $455 million. DraftKings exceeded its guidance for both revenue and Adjusted EBITDA, raising its 2022 revenue forecast to $2.08 billion - $2.18 billion, reflecting a year-over-year growth of 60% to 68%. Monthly Unique Payers rose to 1.5 million, up 30% year-over-year. The company is expanding into new markets, including Ontario and several U.S. jurisdictions, while enhancing its product offerings, including innovations in NFT-based games.
DraftKings will announce its second quarter 2022 results on August 5, 2022, before 8:30 AM EDT. A conference call to discuss the results will follow at 8:30 AM EDT. Interested parties can access the earnings press release and related materials on the company’s investor relations website. DraftKings operates as a digital sports entertainment and gaming company, providing various products, including daily fantasy and regulated gaming. The company is active in 18 states and Ontario, Canada, with a wide range of partnerships with major sports leagues.
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