DraftKings

DraftKings

Yahoo Finance • yesterday

‘I Need to Pay Rent.’ There’s a Gambling App for That.

Advertisements for a growing number of “digital rip” platforms suggest they can help pay for food, rent, and gas. But users are more likely to lose money. Continue Reading... Full story

Yahoo Finance • 8 days ago

NBA partners with Kalshi and Polymarket as 'preferred' prediction markets

Scott Melker discusses the NBA making Kalshi and Polymarket its preferred prediction partners, even though regulators haven't clarified what prediction markets can and cannot do. "The Daily Wolf with Scott Melker" airs every day at 12:00... Full story

Yahoo Finance • 10 days ago

The rare 'Sports Equinox' arrives amid disappointing sports betting volume trends

[Pure dominance on screen.] mihailomilovanovic/iStock via Getty Images October 26 is the Sports Equinox in the U.S., which is the designation for the only day or days of the year when the NFL, MLB, NBA, and NHL all play games. The slate i... Full story

Yahoo Finance • 14 days ago

3 Reasons DKNG is Risky and 1 Stock to Buy Instead

3 Reasons DKNG is Risky and 1 Stock to Buy Instead Over the past six months, DraftKings's stock price fell to $20.44. Shareholders have lost 11.1% of their capital, which is disappointing considering the S&P 500 has climbed by 8.9%. This... Full story

Yahoo Finance • 17 days ago

Cathie Wood's weekly recap: adds to CoreWeave, Meta, Recursion; cuts Personalis, Toast

Cathie Wood’s Ark Invest increased its exposure to AI infrastructure, digital platforms, and biotechnology, led by purchases of $25.9M of CoreWeave (CRWV [https://seekingalpha.com/symbol/CRWV]), $24.4M of Meta Platforms (META [https://seek... Full story

Yahoo Finance • 19 days ago

Catalyst Watch: Meta earnings, Kroger event, and Black Monday turns 39

[bad day at wall street] franckreporter Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week. MONDAY - OCTOBER... Full story

Yahoo Finance • 19 days ago

Fanatics CEO Warns $7 Billion Betting Ad War Looms as Kalshi, Polymarket Join Fight

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. U.S. betting and gaming marketing spending could more than double to $7 billion in 2027 as prediction markets intensify competition, Fana... Full story

Yahoo Finance • 20 days ago

DraftKings (DKNG) Could Be 8% Undervalued On Spending And Revenue Pressure

Investor debate around DraftKings (DKNG) has intensified after the stock's steep slide this year, as heavier spending on its Predictions business, softer recent revenue trends, and regulatory questions collide with management's steady full... Full story

Yahoo Finance • 27 days ago

DraftKings (DKNG) Stock May Be Below Fair Value As Prediction Market Hopes Grow

DraftKings has seen a sharp reset in its share price in recent years, and that pullback puts the spotlight squarely on a simple question for investors who still track the story. Is the current US$19.87 market price meaningfully supported b... Full story

Yahoo Finance • 27 days ago

FanDuel outpaces DraftKings after four weeks of NFL football

[The National Football League banner on Lucas Oil Stadium in Indianapolis, IN.] Flutter Entertainment's (FLUT [https://seekingalpha.com/symbol/FLUT]) FanDuel is outperforming DraftKings (DKNG [https://seekingalpha.com/symbol/DKNG]) for th... Full story

Yahoo Finance • 29 days ago

Fanatics is becoming a major player in the sports betting sector

[Mature man using mobile app for live betting] Hirurg Fanatics (FANA [https://seekingalpha.com/symbol/FANA]) continues to put pressure on U.S. sports betting market share leaders DraftKings (DKNG [https://seekingalpha.com/symbol/DKNG]) an... Full story

Yahoo Finance • 29 days ago

How event contract bundles are boosting volume on prediction markets

The growing popularity of a combo contracts on prediction markets is leading to soaring volumes, even as they makes up only a small amount of total activity on the platforms. Combos, or multiple contracts stacked together that only pay ou... Full story

Yahoo Finance • last month

DraftKings Stock Jumps On Upgrade, Analyst Sees Prediction Market Wins

DraftKings stock looks to rebound off 2026 lows as analyst upgrades shares on prediction market growth potential. Continue Reading... Full story

Yahoo Finance • last month

Stocks making the biggest moves premarket: DraftKings, Itau Unibanco, PTC & more

Check out the companies making the biggest moves premarket: Brazilian stocks — The group rallied after right-wing presidential candidate Flavio Bolsonaro edged out incumbent Luiz Inacio Lula Da Silva by around 2 percentage points in an ele... Full story

Yahoo Finance • last month

Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried

Wagering on sports outcomes has exploded in the 2020s, but recent surveys show just how widespread gambling has become for Generation Z. A survey of retail investors released in August by Betterment, an investment advisory platform, found... Full story

Yahoo Finance • last month

ProPublica reporter lost $5,800 on DraftKings acting as a problem gambler — the site rewarded him with VIP status

Online gambling has become very big business. While the Professional and Amateur Sports Protection Act once effectively banned sports betting across most of the U.S., a 2018 Supreme Court decision struck down that 1992 law, allowing states... Full story

Yahoo Finance • last month

Is DraftKings betting big on losing gamblers? -- update

Wpadington/iStock via Getty Images UPDATED 17:18 ET with a comment from a DraftKings spokesperson to Seeking Alpha. The online gambling industry was last valued at nearly $100B and is expected to double by the early 2030s, fueled by wide... Full story

Yahoo Finance • last month

DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks Up

Quick Read DraftKings drops 4% after CEO Jason Robins signaled pulled-forward marketing spend on prediction markets, compressing near-term margins; Flutter slips 1% on the same concern. Robinhood rises 0.8% on the same catalyst, revealing... Full story

Yahoo Finance • 2 months ago

Apptopia: NFL Season Drives Sportsbook App DAUs Past World Cup Peaks

Apptopia NFL Week 1 Drives More Users for OSBs Than World CupOSB apps sit about their World Cup DAU highs as the NFL season kicks off. BOSTON, Sept. 17, 2026 (GLOBE NEWSWIRE) -- Apptopia announces a new report on DraftKings Inc, Flutter... Full story

Yahoo Finance • 2 months ago

Here's Why DraftKings (DKNG) Fell More Than Broader Market

In the latest trading session, DraftKings (DKNG) closed at $24.33, marking a -1.26% move from the previous day. This change lagged the S&P 500's 0.45% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost... Full story