DraftKings

DraftKings is an American daily fantasy sports contest and sports betting provider. The company allows users to enter daily and weekly fantasy sports–related contests to win money.

Source: draftkings.com

Will Olympics Bring About an Online Betting Bump?
Will Olympics Bring About an Online Betting Bump?
July 11, 2024  |  International

Sportsbooks and daily fantasy operators are reportedly awaiting a bump in Summer Olympics-related betting. As CNBC noted in a report Thursday (July 11), this year’s Paris games...

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CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
CE 100 Index Gains 0.5% as Online Betting Names Pay Out Big
June 24, 2024  |  Connected Economy

The CE 100 Index was 0.5% higher this past week, boosted by the fortunes of the “Have Fun” group, which jumped 3.3%. Within that segment,...

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CE 100 Index Slips 1.1% as MongoDB Shares Slide After Earnings
CE 100 Index Slips 1.1% as MongoDB Shares Slide After Earnings
June 03, 2024  |  Connected Economy

The CE 100 Index slipped 1.1%, as AI names were – to put it mildly – volatile in the wake of earnings reports. MongoDB Leads...

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DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
DraftKings Isn’t Gambling on Its Innovation-Fueled Customer Acquisition Strategy
May 03, 2024  |  Earnings

When it comes to gambling, over a long enough time frame, the house always wins. And that appears to be the case with daily fantasy...

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FanDuel Picks NY Over London for Primary Listing
FanDuel Picks NY Over London for Primary Listing
May 01, 2024  |  Stock Index

FanDuel is reportedly preparing to switch its public listing to the U.S. markets. Shareholders in Flutter Entertainment, FanDuel’s Ireland-based owner, have voted to move the online betting group’s...

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DraftKings and MGM Find New Gaming Frontier in Brazil
DraftKings and MGM Find New Gaming Frontier in Brazil
April 03, 2024  |  International

Some of the sports betting world’s biggest players have reportedly turned their sights on Brazil. Companies such as DraftKings and MGM Resorts International are exploring entry into Latin America’s largest economy...

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Sportsbook Giants Launch Association to Promote Responsible Gambling
Sportsbook Giants Launch Association to Promote Responsible Gambling
March 27, 2024  |  Digital Payments

Seven of America’s largest sportsbook companies launched a trade group to combat problem gambling. The Responsible Online Gaming Association (ROGA), announced in a news release Wednesday (March 27), is...

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DraftKings, FedEx Lead CE 100 Index Gains
DraftKings, FedEx Lead CE 100 Index Gains
March 25, 2024  |  Connected Economy

The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground.  DraftKings surged 13%, leading the “Have Fun” segment...

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Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
Report: Rush Street Interactive Approaching Potential Buyers, Including DraftKings
March 21, 2024  |  Acquisitions

Online betting firm Rush Street Interactive is reportedly considering a sale, among other strategic options. The company’s representatives have approached potential buyers, Bloomberg reported Thursday (March 21), citing unnamed...

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