DraftKings CEO Jason Robins said the sports betting industry is at a turning point as more people across the country realize they can gamble legally. "We're at a very, you know, important inflection point in the industry," Robins said.
DraftKings stock falls as “customer-friendly” sports outcomes early in the current quarter led to a lowered full-year revenue outlook.
Sports betting and iGaming company DraftKings Inc DKNG reported third-quarter financial results after market close Thursday.
DraftKings reported a worse than expected loss Thursday and lowered its 2024 revenue outlook. DKNG stock is poised to retreat.
Sports betting and online gaming company DraftKings Inc DKNG could highlight early results from the 2024 NFL season and new state legalizations when the company reports third-quarter financial results Thursday after market close.
DKNG's third-quarter 2024 performance is likely to have been aided by increased new online sportsbook and iGaming customers.
As the sports betting industry explodes, DraftKings has established itself as one of the premier platforms.
Marriott International, DraftKings, Choice Hotels International and Airbnb are included in this Analyst Blog.
DraftKings (DKNG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DraftKings Inc (NASDAQ:DKNG) stock is 0.3% higher to trade at $36.65 at last check, and sports a 35.9% year-over-year lead.
DraftKings (DKNG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
DraftKings Inc DKNG analyst sees areas of opportunity for the sports betting company to surprise with financial guidance in third-quarter earnings as the company competes with FanDuel for market share in the sports betting sector.