DraftKings Inc
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
USAT: +1 617 986-6744
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Gambling
Fiscal Year End
31 December 2025
Employees
5,100
Stocks News & Analysis
stocks
Undervalued ASX retailer benefiting from rebound in spending
stocks
Undervalued ASX share searches for cost savings
stocks
Chart of the Week: Where we see opportunities after year end market sell-off
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 8,983.30 | 28.90 | 0.32% |
| CAC 40 | 8,133.93 | 48.17 | 0.60% |
| DAX 40 | 24,380.61 | 86.00 | 0.35% |
| Dow JONES (US) | 48,871.60 | 167.59 | 0.34% |
| FTSE 100 | 9,699.57 | 3.59 | -0.04% |
| HKSE | 25,976.79 | 446.28 | 1.75% |
| NASDAQ | 23,495.78 | 98.08 | -0.42% |
| Nikkei 225 | 50,836.55 | 687.73 | 1.37% |
| NZX 50 Index | 13,406.91 | 11.04 | 0.08% |
| S&P 500 | 6,889.78 | 11.22 | -0.16% |
| S&P/ASX 200 | 8,697.30 | 32.40 | 0.37% |
| SSE Composite Index | 3,889.35 | 16.03 | 0.41% |