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Vivid Seats Adds DraftKings As Investor: Here's The Details
Thursday, October 14, 2021 - 5:55pm | 369A leading ticketing marketplace has added a big investor on its path to becoming public. What Happened: Vivid Seats, which is going public with Horizon Acquisition Corp (NYSE: HZAC), announced that DraftKings Inc (NASDAQ: DKNG) is investing in the company. The investment comes as part of the PIPE...
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5 Stocks To Watch For More Upside After Betting On NFL Games Rises 126% In Week 1
Wednesday, September 15, 2021 - 8:10am | 832Early data for the first week of the National Football League season shows a large increase from the prior year with more states having legalized betting in place. What Happened: The 2021 NFL season kicked off with 27 states having legalized online sports betting, according to Action Network....
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Why DraftKings Stock Is Trading Higher Today
Friday, August 6, 2021 - 9:37am | 233DraftKings Inc (NASDAQ: DKNG) is trading higher Friday morning after the company announced better-than-expected second-quarter revenue results and raised guidance. DraftKings reported quarterly revenue of $298 million, which beat the estimate of $242.41 million and represented an increase...
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DraftKings Partners With Gisele Bündchen: What Investors Should Know
Wednesday, April 21, 2021 - 10:56am | 450DraftKings is taking steps to improve the company's ESG profile. What Happened: Gisele Bündchen was announced as a special advisor to the CEO and board of directors for Draftkings Inc.'s (NASDAQ: DKNG) ESG initiatives. “Gisele Bündchen is a global icon...
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Why The DraftKings CEO Expects More States To Legalize Sports Betting
Monday, March 8, 2021 - 6:12pm | 433DraftKings CEO Jason Robins joined CNBC on Monday to discuss the company’s partnerships with DISH Network and the UFC. Robins On DraftKings: The CEO of DraftKings Inc (NASDAQ: DKNG) told CNBC the sportsbook deal signed with DISH Network (NASDAQ: DISH) is about convenience. “The...
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Sports Betting Operator DraftKings Posts Q4 Beat, Raises 2021 Guidance After More State Launches: What Investors Should Know
Friday, February 26, 2021 - 10:00am | 528Sports betting and iGaming company DraftKings reported fourth-quarter and full fiscal year earnings before the market open Friday. What Happened: DraftKings Inc's (NASDAQ: DKNG) fourth-quarter revenue totaled $322 million, representing a 146% year-over-year increase and beating the...
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DraftKings Signs Exclusive Deal With Bryson DeChambeau Ahead Of Masters
Monday, November 2, 2020 - 3:22pm | 333DraftKings Inc (NASDAQ: DKNG) is placing a large bet on the increase in daily fantasy wagering and sports betting on golf with an exclusive partnership with Bryson DeChambeau. DeChambeau will serve as the face of DraftKings golf brand and the company’s logo will be featured on his signature...
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DraftKings Trades Lower On 32M Share Offering
Monday, October 5, 2020 - 11:21am | 280Shares of DraftKings were losing ground Monday on news of a stock offering. What Happened: DraftKings Inc (NASDAQ: DKNG) announced a public offering Monday of 32 million shares of Class A common stock. The company will offer 16 million shares, with an additional 16 million shares being...
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DraftKings Founder Jason Robins Teams With FirstMark On New SPAC
Monday, September 21, 2020 - 3:21pm | 613DraftKings Inc (NASDAQ: DKNG) was acquired by a SPAC and became a publicly-traded company earlier in 2020. Founder and CEO Jason Robins will now be on the other side of the deal-making with a new SPAC. The Management Team: FirstMark Horizon Acquisition Corp (NYSE:FMAC) is a new SPAC from the team...
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DraftKings Flies After Michael Jordan Joins As Special Advisor
Wednesday, September 2, 2020 - 9:02am | 371DraftKings (NASDAQ: DKNG) has brought in six-time NBA champion and five-time NBA MVP Michael Jordan as a special advisor to the board of directors. What Happened: DraftKings announced the Jordan news on Wednesday morning. “Michael Jordan is among the most important figures in sports and...
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DraftKings Trades Lower After Mixed Q2 Earnings Report
Friday, August 14, 2020 - 9:30am | 424Shares of online sports betting platform DraftkKngs Inc (NASDAQ: DKNG) traded lower Friday morning after reporting second-quarter results. What Happened: DraftKings said it lost 55 cents per share in the second quarter on revenue of $70.93 million. By comparison, Street analysts were expecting the...
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Investors Win Big On DraftKings After Stock's 15% Rally
Tuesday, May 26, 2020 - 8:17pm | 394In a big bounce-back day for the overall markets, investors continued to take a gamble on DraftKings Inc (NASDAQ: DKNG). 3 Big Betting Trends The rally in the online sports betting website's stock is in part attributed to an encouraging webinar its CEO Jason Robins hosted on Friday....
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DraftKings CEO Calls Esports A 'Huge Growth Area'
Sunday, May 17, 2020 - 8:23pm | 413Online sports betting platform Draftkings Inc (NASDAQ: DKNG) on Friday reported first-quarter results, which showed a net revenue increase of 30% year-over-year in part due to the growth of esports, DraftKings CEO Jason Robins said Friday evening on CNBC's "Mad Money." What Happened...
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DraftKings, NFL Execs Talk Sports Betting, Increased Engagement At Forbes Summit
Thursday, October 31, 2019 - 11:45am | 265DraftKings CEO Jason Robins and Chris Halpin, the NFL executive vice president chief of strategy and growht officer, spoke Monday at the Forbes Under 30 Summit in Detroit about the future of fantasy sports and legalized sports betting. DraftKings is an American fantasy sports content provider...
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'The NFL Is More Popular Than Ever': DraftKings CEO Talks Explosive Sports Betting Growth
Monday, August 19, 2019 - 2:09pm | 609DraftKings' sports betting launch in New Jersey has been immensely successful and the company is eyeing consistent growth as it launches into more states. Since the company launched legal sports betting in New Jersey in August of 2018, CEO Jason Robins says the state now makes up nearly a third...