DraftKings Inc

IK1

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 in which it competes. DraftKings is now live with online or retail sports betting in 28 states and iGaming in five 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 also operates a non-fungible token commissioned-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 2025

    Employees

    5,100

Stocks News & Analysis

stocks

3 global ‘buy the dip’ candidates with wide moats

Does recent share price weakness spell opportunity in these three high-quality companies? Our analysts think so.
stocks

What next for Nine Entertainment after Domain payout?

The media group has excelled in controlling what it can control. Now the focus shifts to capital deployment.
stocks

Are we as bullish on Oracle as the market?

Shares jumped in response to the latest results.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries9,128.7018.100.20%
CAC 407,825.241.720.02%
DAX 4023,698.155.50-0.02%
Dow JONES (US)45,834.22273.78-0.59%
FTSE 1009,283.2914.29-0.15%
HKSE26,388.16301.841.16%
NASDAQ22,141.1098.030.44%
Nikkei 22544,768.12395.620.89%
NZX 50 Index13,227.901.25-0.01%
S&P 5006,584.293.18-0.05%
S&P/ASX 2008,864.9022.000.25%
SSE Composite Index3,870.604.71-0.12%

Market Movers