DraftKings Inc

DKNG

Company Profile

  • Business description

    DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. DraftKings is now live with online or retail sports betting in 28 states and i-gaming in 5 states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company plans to launch a predictive event platform in late 2025 and also operates a non-fungible token commission-based marketplace and develops and licenses online gaming products.

  • Contact

    222 Berkeley Street
    5th Floor
    BostonMA02116
    USA

    T: +1 617 986-6744

    https://www.draftkings.com

  • Sector

    Consumer Cyclical

    Stock type

    Cyclical

  • Industry

    Gambling

    Fiscal Year End

    31 December 2026

    Employees

    5,100

Stocks News & Analysis

stocks

Unwarranted drop in ASX share

Jittery investors misinterpret an audit for an existential crisis.
stocks

Macquarie: A return to group-wide growth

Our view on the shares after earnings.
stocks

After earnings, is Disney stock a buy, a sell, or fairly valued? -

Following the highly anticipated announcement of a new CEO, here’s what we think of Disney.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,246.0061.500.67%
CAC 408,323.2849.440.60%
DAX 4025,014.87293.411.19%
Dow JONES (US)50,135.8720.200.04%
FTSE 10010,386.2316.480.16%
HKSE27,183.15155.990.58%
NASDAQ23,238.67207.460.90%
Nikkei 22557,699.091,335.152.37%
NZX 50 Index13,489.1642.790.32%
S&P 5006,964.8232.520.47%
S&P/ASX 2008,983.3067.300.75%
SSE Composite Index4,128.260.11-0.00%

Market Movers