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 2026
Employees
5,100
Stocks News & Analysis
stocks
Are declining Chinese births a red flag for A2 Milk?
stocks
Is this ASX share a value trap or bargain?
stocks
Goldman Sachs Earnings: Valuations remain stretched
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,102.50 | 10.10 | 0.11% |
| CAC 40 | 8,062.58 | 49.44 | -0.61% |
| DAX 40 | 24,703.12 | 255.94 | -1.03% |
| Dow JONES (US) | 48,488.59 | 870.74 | -1.76% |
| FTSE 100 | 10,126.78 | 68.57 | -0.67% |
| HKSE | 26,456.07 | 31.44 | -0.12% |
| NASDAQ | 22,954.32 | 561.07 | -2.39% |
| Nikkei 225 | 52,693.43 | 297.67 | -0.56% |
| NZX 50 Index | 13,430.09 | 143.84 | -1.06% |
| S&P 500 | 6,796.86 | 143.15 | -2.06% |
| S&P/ASX 200 | 8,781.90 | 13.00 | 0.15% |
| SSE Composite Index | 4,133.37 | 19.72 | 0.48% |