DraftKings CEO Jason Robins On Stock: ‘I’d Be Buying If I Could’
DraftKings CEO Jason Robins said he would be buying more stock if not for SEC rules that stop insiders making profits on short-term trades. Read More
Posted on: May 18, 2022 |
DraftKings Stock Continues To Slide Despite Q1 Earnings Beat
DraftKings stock continued to fall after Q1 earnings amid heavy cash burn and surprisingly high stock-based compensation. Read More
Posted on: May 9, 2022 |
Fertitta Stands By DraftKings Deal, Says Stock Could Get To $100
Tilman Fertitta told CNBC on Wednesday that DraftKings was still on track to acquire GNOG despite delays and a major hit to its share price. Read More
Posted on: April 29, 2022 |
California Tribes Hit Airwaves To Fight Online Sports Betting Initiative
The new ad names FanDuel and DraftKings as out-of-state companies trying to “break the promise” of tribal sovereignty over CA sports betting. Read More
Posted on: March 21, 2022 |
DraftKings Allowed VIP To Proxy Bet Live From Florida Super Bowl Suite
Per an NJ attorney general report, DraftKings hosted a VIP customer at the Super Bowl in Florida and knowingly let him bet via proxy in NJ. Read More
Posted on: March 3, 2022 |
DraftKings Stock Drops Amid Growing Questions About Profitability
DraftKings stock fell 22% after Q4 results on Friday with analysts questioning the company's lengthy path to profitability. Read More
Posted on: February 18, 2022 |
Golden Nugget Launches First DraftKings-Powered Sportsbook In AZ
The Golden Nugget Sportsbook site will use DraftKings’ SBTech engine, one of the first synergies since DraftKings acquired GNOG last year. Read More
Posted on: February 17, 2022 |
California Online Sports Betting Fight Heats Up In Super Bowl State
A committee formed by three CA tribes claimed online California sports betting would drain money from the state. Read More
Posted on: February 11, 2022 |
IL Sportsbooks Revenues Dip In December, But Better Days Ahead
IL sportsbooks saw December revenues down nearly 50%, but the setback should be temporary, with new online and retail sportsbooks on the way. Read More
Posted on: February 7, 2022 |
Why Florida Sports Betting Push By FanDuel, DraftKings Fell Short
FanDuel and DraftKings admitted defeat on their effort to get 900,000 signatures for a Florida sports betting ballot initiative. Read More
Posted on: January 31, 2022 |