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Gold Rush to Big Bucks: Top Executives To Appear At Benzinga Titans Sports Betting Summit
Thursday, April 20, 2023 - 4:24pm | 423Benzinga, the most widely read publication by next-generation investors, is excited to announce the launch of the Titans Sports Betting Summit, a new event and honors franchise that will expand this year to additional industries. Titans will provide a deep dive and insights into the trends,...
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DraftKings Q4 Earnings Highlights: Revenue Beat, Guidance Raise, More States Legalize Sports Betting And More
Thursday, February 16, 2023 - 5:48pm | 580Sports betting company DraftKings Inc (NASDAQ: DKNG) reported fourth-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: DraftKings reported fourth-quarter revenue of $855 million, up 81% year-over-year. The revenue total comes in ahead of a Street...
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Betting The Ponies: DraftKings Launching New Offering For Customers
Tuesday, November 29, 2022 - 1:11pm | 646Sports betting company DraftKings Inc (NASDAQ: DKNG) is launching a new offering to attract additional customers and potentially lower customer churn. Here are the details. What Happened: On Tuesday, DraftKings announced a partnership with Churchill Down Inc (NASDAQ: CHDN) to launch DK...
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DraftKings Fails To Win Investors With Q3 Results, Guidance: Could The Company Be Left Behind Over Peers Closer To Profit?
Friday, November 4, 2022 - 10:32am | 874Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported third-quarter financial results before market open Friday. Here are the key highlights and why shares are dropping. What Happened: DraftKings reported third-quarter revenue of $502 million, up 136% year-over-year. The...
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DraftKings Q2 Earnings Highlights: Revenue Beat, Company Raises Guidance, Optimistic On More State Sports Betting Launches
Friday, August 5, 2022 - 9:08am | 549Sports betting and online casino company DraftKings Inc (NASDAQ: DKNG) reported second-quarter financial results before the market open Friday. Here are the key highlights for investors. What Happened: DraftKings reported second-quarter revenue of $466 million, up 57% year-over-year. The revenue...
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DraftKings CEO Jason Robins Calls For Crypto Centralization, Compares Sector To Early Internet Struggles
Wednesday, May 25, 2022 - 1:32pm | 534The CEO of a sports betting platform that has entered the non-fungible token market is calling for more centralization in the cryptocurrency space. What Happened: Speaking on a Decrypt podcast, DraftKings Inc (NASDAQ: DKNG) CEO and co-founder Jason Robins called for centralization. Robins compared...
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DraftKings Q1 Earnings Highlights: Revenue Beat, Raised Guidance, New NFTs And More
Friday, May 6, 2022 - 9:17am | 605Sports betting and online gaming company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results Friday before the market open. Here are the key highlights and why shares are trading higher. What Happened: DraftKings reported first-quarter revenue of $417 million, up 34% year-over-...
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Gary Vee, Jason Robins, NBA Teams Back NFT Basketball Game Swoops: What You Need To Know
Tuesday, April 12, 2022 - 9:00am | 497A non-fungible token basketball game announced a funding round Tuesday led by several well known investors and several NBA teams. What Happened: Swoops announced a funding round of $3.5 million. The funding round was led by Courtside Ventures and Alpaca VC. Other investors include Gary...
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DraftKings CEO Jason Robins Has A Warning For Those Selling The Stock
Wednesday, March 9, 2022 - 1:19pm | 861The CEO of a leading publicly-traded sports betting company has a warning for investors thinking of selling shares near the 52-week low. What Happened: Draftkings Inc (NASDAQ: DKNG) CEO Jason Robins took to Twitter Inc (NYSE: TWTR) to share his thoughts. If you sold #DKNG today, just be aware...
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'We'll Play The Long Game': DraftKings CEO Remains Confident In Strategy Despite Stock Plunge
Friday, February 18, 2022 - 1:42pm | 413DraftKings Inc (NASDAQ: DKNG) shares are down 20% Friday despite announcing strong revenue numbers and raising 2022 guidance. So why is the stock falling? "I can't predict what the market is going to do. It's a wild market right now," DraftKings CEO Jason Robins said Friday on...
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DraftKings CEO Claps Back At Famed Short Seller Jim Chanos Following Bearish Comments
Thursday, December 2, 2021 - 7:00pm | 468Draftkings Inc (NASDAQ: DKNG) has been in free fall over the last three months, trading down by nearly 50% since the beginning of September. Short seller Jim Chanos added some fuel to the DraftKings fire when he announced that he has been short the stock for "...
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Draftkings Insider Trades $13M In Company Stock
Monday, November 15, 2021 - 11:37am | 418Jason Robins, Insider at Draftkings (NASDAQ:DKNG), made a large insider sell on November 12, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Robins sold 333,333 shares of Draftkings at prices ranging from $40.48 to...
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Why DraftKings Shares Are Falling Today
Friday, November 5, 2021 - 9:07am | 323DraftKings Inc (NASDAQ: DKNG) is trading lower Friday after the company announced its third-quarter financial results. DraftKings reported quarterly revenue of $213 million, up from $133 million year-over-year. The company narrowed its full-year 2021 revenue from a range of $1.21 billion...
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DraftKings Drops Deal Talks With Entain: What Investors Should Know
Tuesday, October 26, 2021 - 11:42am | 537As consolidation continues in the sports betting and online gaming space, one rumored deal has failed to materialize. What Happened: DraftKings Inc (NASDAQ: DKNG) announced Tuesday that it will not be holding further talks with the Entain ADR (OTC: GMVHY) board of directors or making...
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Corporate Officer Of Draftkings Sold $16M In Stock
Monday, October 25, 2021 - 10:59am | 396Jason Robins, Corporate Officer at Draftkings (NASDAQ:DKNG), made a large insider sell on October 21, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Robins sold 333,334 shares of Draftkings at prices ranging...