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Online Gaming

Gaming Software

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

DraftKings

DraftKings, Inc. provides online fantasy sports and sports betting services. It provides users with daily fantasy sports, sports betting and iGaming opportunities, and is also involved in the design and development of sports betting and casino gaming platform software for online and retail sportsbook and casino gaming products. The company was founded on August 6, 2021 and is headquartered in Boston, MA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q1 2024

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Earnings data Q4 2024

DraftKings reports robust Q4 performance, eyes growth through innovation

DraftKings' strong Q4 2022 performance and focus on operational efficiency position the company for continued growth and profitability.
While facing industry competition and regulatory challenges, DraftKings leverages strengths in innovation and customer acquisition for market success.
Opportunities in revenue growth, international expansion, and product innovation align with DraftKings' strategic goals for sustainable market expansion.
Strategic responses to challenges and a focus on customer retention and operational excellence are key to DraftKings' future success in the dynamic market landscape.

DraftKings excels in Q1, eyes profitability and market leadership

DraftKings' strong financial performance, market leadership, and strategic focus on customer engagement position it well for continued success. With a clear roadmap for profitability, the company is leveraging unique sports wagering opportunities and product innovations to drive growth and navigate market challenges.

DraftKings reports stellar Q2 results, eyes growth amid challenges

DraftKings delivered a strong Q2 performance with revenue growth and positive adjusted EBITDA, driven by product enhancements and strong player engagement.
The company's focus on customer experience, product differentiation, and partnerships positions it well for future growth despite challenges like tax rates and expense management.
Opportunities lie in upcoming sports seasons, AI initiatives, and market expansion, highlighting DraftKings' potential for continued success and innovation.

DraftKings surpasses Q3 expectations, eyes iGaming growth opportunities

DraftKings' Q3 performance exceeded expectations, with strong revenue growth and positive EBITDA outlook for 2024. The company faces challenges in maintaining market share growth and managing revenue slowdown. Opportunities lie in iGaming expansion and product innovation.

DraftKings excels in revenue growth, eyes strategic acquisitions for expansion

DraftKings reports robust financial performance with revenue and EBITDA growth milestones.
Strategic acquisitions and customer-centric initiatives strengthen market position and engagement.
Challenges in Q4 and capital optimization efforts highlight areas for strategic focus.
Anticipated growth opportunities in product innovation, market expansion, and legislative developments.

DraftKings excels in Q1 2024, raises guidance amid market opportunities

DraftKings' strong financial performance in Q1 2024 reflects revenue growth, increased guidance, and a focus on operational efficiency. The company's strategic initiatives in product innovation, responsible gaming, and market expansion position it for sustained growth. Challenges in managing state launches and tax rate increases require proactive strategies.

DraftKings reports robust Q3 revenue growth and eyes Missouri expansion

DraftKings delivered strong revenue growth and margin improvement in Q3 2024, driven by Online Sportsbook and iGaming segments.
While facing challenges in achieving profitability and optimizing operational efficiency, the company remains agile in capitalizing on new market opportunities.
With a focus on expanding into Missouri, robust fiscal year 2025 guidance, and international market expansion plans, DraftKings is poised for continued growth and market leadership.

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DraftKings, Inc. is a digital sports entertainment and gaming company, which engages in the provision of online sports betting, online casino, daily fantasy sports product offerings, DraftKings Marketplace, retail sportsbook, media, and other consumer product offerings. It operates through the following segments: Business-to-Consumer (B2C) and Business-to-Business (B2B). The Business-to-Consumer segment includes sportsbook, iGaming and DFS product offerings, as well as media and other consumer product offerings. The Business-to-Business segment includes design and development of gaming software. The company was founded by Jason D. Robins, Matthew Kalish, and Paul Liberman on December 31, 2011 and is headquartered in Boston, MA.

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NEW YORK, NY / ACCESSWIRE / August 23, 2021 / The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. There is no cost to participate in the suit.

The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of DKNG, COIN and ATIP

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NEW YORK, NY / ACCESSWIRE / August 22, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of DKNG, LOTZ and SLQT

RADNOR, Pa., Aug. 21, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP announces that a securities fraud class action lawsuit has been filed against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ:  DKNG) ("DraftKings") on behalf of those who purchased or acquired DraftKings securities between December 23, 2019 and June 15, 2021 , inclusive (the "Class Period").

Kessler Topaz Meltzer & Check, LLP Reminds Investors of Deadline in Securities Fraud Class Action Against DraftKings Inc.

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Philadelphia, Pennsylvania--(Newsfile Corp. - August 20, 2021) - Berger Montague is investigating securities fraud claims against DraftKings Inc. ("DraftKings" or the "Company"). The Firm is investigating these allegations on behalf of investors who purchased DraftKings securities (NASDAQ: DKNG) between December 23, 2019 and June 15, 2021 (the "Class Period"). If you purchased DraftKings securities during the Class Period and would like to learn more about Berger Montague's investigation, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net...

DKNG: Berger Montague Investigates Securities Fraud Claims Against DraftKings Inc. (DKNG); Lead Plaintiff Deadline is August 31, 2021

LOS ANGELES, Aug. 20, 2021 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming  August 31, 2021 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired DraftKings Inc. ("DraftKings" or the "Company") f/k/a Diamond Eagle Acquisition Corp. ("DEAC") (NASDAQ: DKNG) securities between December 23, 2019 and June 15, 2021 , inclusive (the "Class Period"). If you suffered a loss on your DraftKings investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your contact information at https://www.glancylaw.com/cases/draftkings-inc/.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (DKNG)

With the NFL and college football seasons right around the corner, you can be sure that people that love to gamble on games, and bet on fantasy football and internet gaming, are ready and set to roll.

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New York, New York--(Newsfile Corp. - August 19, 2021) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) between December 23, 2019 and June 15, 2021, inclusive (the "Class Period"), of the important August 31, 2021 lead plaintiff deadline.SO WHAT: If you purchased DraftKings securities during the Class Period you may be entitled to compensation without payment of...

ROSEN, A TOP RANKED LAW FIRM, Encourages DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. Investors With Losses Over $100K to Secure Counsel Before Important August 31 Deadline in Securities Class Action - DKNG

Los Angeles, California--(Newsfile Corp. - August 19, 2021) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. ("DraftKings" or "the Company") (NASDAQ: DKNG) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between December 23, 2019 and...

SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against DraftKings Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Sports betting staple DraftKings Inc. (NASDAQ:DKNG) just broke out of a flag pattern late last week, and has found support at the round +10% year-to-date and +50% year-over-year breakeven levels.

Why Call Traders Should Bet on DraftKings Stock

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NEW YORK, Aug. 17, 2021 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) between December 23, 2019 and June 15, 2021, inclusive (the "Class Period"), of the important August 31, 2021 lead plaintiff deadline. SO WHAT: If you purchased DraftKings securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. Investors With Losses Exceeding $100K to Secure Counsel Before Important August 31 Deadline in Securities Class Action - DKNG

DraftKings is making deals to attain dominance in the online sports betting market. But one of its first deals includes big risks the SEC is looking into.

DraftKings: Big Bets! Big Risks!

DraftKings' valuation has taken a big hit in 2021 as the stock remains 28% below its ATH in Mar '21. The reopening cadence has clearly affected the company's momentum in H1'21 as gamblers returned to traditional casinos, leaving late investors of DraftKings in the lurch.

Why Has DraftKings Stock Fallen In 2021? The Reopening Cadence Has Befuddled Investors

DraftKings Inc's (NASDAQ: DKNG) NFT platform for buying, selling, and trading digital collectibles, DraftKings Marketplace, is now available to customers in Canada. The move comes ahead of the exclusive Wayne Gretzky NFT drops.

DraftKings Marketplace Expands To Canada

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Palantir, Alibaba, Square, Google, DraftKings — Stocks Cathie Wood's Ark Bought Or Sold On Monday

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NEW YORK, NY / ACCESSWIRE / August 16, 2021 / The securities litigation law firm of The Gross Law Firm issues the following notice on behalf of shareholders in the following publicly traded companies. Shareholders who purchased shares in the following companies during the dates listed are encouraged to contact the firm regarding possible Lead Plaintiff appointment.

The Gross Law Firm Announces Class Actions on Behalf of Shareholders of RKT, DKNG and ATVI

Cathie Wood-led Ark Invest on Friday snapped up 1.156 million shares — estimated to be worth about $28.78 million — in Palantir Technologies Inc (NYSE:PLTR).   Palantir shares closed marginally higher at $24.90 on Friday, just a day after they soared more than 11% as the Peter Thiel-co-founded data analytics firm beat Wall Street expectations for the second quarter earnings and gave an upbeat guidance for the current quarter.

Cathie Wood's Ark Adds Another $29M To Palantir Stake After Q2 Earnings Beat, Buys DraftKings On Dip

SAN DIEGO--(BUSINESS WIRE)-- #DKNGstock--The suit alleges defendants issued false statements concerning DraftKings business and prospects, resulting in its stock trading at inflated prices.

DKNG UPDATE: Investors with Substantial Losses Have Opportunity to Lead the DraftKings Inc. Class Action Lawsuit

Draftkings continues to deliver good news for shareholders. Investors appear to be behind DKNG stock after practically ignoring it in 2021.

Draftkings CEO Jason Robins Continues to Surprise Investors for the Better

RADNOR, Pa., Aug. 13, 2021 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP reminds DraftKings Inc. f/k/a Diamond Eagle Acquisition Corp. (NASDAQ: DKNG) ("DraftKings") investors that a securities fraud class action lawsuit has been filed on behalf of those who purchased or acquired DraftKings securities between December 23, 2019 and June 15, 2021 , inclusive (the "Class Period").

News for DraftKings Stock (DKNG)