DraftKings

DraftKings is an American daily fantasy sports contest and sports betting provider. The company allows users to enter daily and weekly fantasy sports–related contests to win money.

(source: draftkings.com)

Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
Flutter Attributes Soft Earnings to Customer Wins and Currency Headwinds
November 10, 2023  |  Earnings

Flutter, the parent company of online betting platform FanDuel, reportedly saw a setback in its stock value Thursday (Nov. 9) after revealing disappointing third-quarter earnings....

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CE 100 Index Leaps 7.9%, Led by Shopify’s 32% Post-Earnings Surge
CE 100 Index Leaps 7.9%, Led by Shopify’s 32% Post-Earnings Surge
November 06, 2023  |  Connected Economy

The CE 100 Stock Index surged 7.9% as Shopify and Affirm led the way with highflying gains that topped 32%. Nine of the 10 pillars...

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DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
DraftKings’ Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations 
November 03, 2023  |  Earnings

It’s football season, and that is good news for sports betting company DraftKings. The gaming platform’s third quarter 2023 earnings results saw a 57% increase...

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WeWork Plunges as It Seeks Lease Renegotiations, Drives CE 100 Index Down 2.4%
WeWork Plunges as It Seeks Lease Renegotiations, Drives CE 100 Index Down 2.4%
September 11, 2023  |  Connected Economy

A holiday-shortened trading week offered no respite for the CE 100 Index, which continued a general downward trend that’s been the hallmark of the last...

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Wynn Resorts to Shut Down Gambling Platform in 8 States
Wynn Resorts to Shut Down Gambling Platform in 8 States
August 11, 2023  |  Connected Economy

Wynn Resorts is reducing the jurisdictions in which its online sports betting and iGaming platform is available. The platform, WynnBET, will be shut down “as soon as...

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DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
DraftKings: Average Monthly Unique Players Surge 44% to 2.1 Million
August 04, 2023  |  Earnings

DraftKings posted second-quarter earnings results that showed increased presence within the online betting space, a boost in average users and gains in revenues per user....

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DraftKings Hits 52-Week High Based on Projected Profitability
DraftKings Hits 52-Week High Based on Projected Profitability
July 10, 2023  |  Connected Economy

Shares of DraftKings soared to a 52-week high Monday (July 10). The Boston-based firm’s projected profitability on an adjusted EBITDA basis took the stock up...

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DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
DraftKings Tries to Outbid Rival Fanatics in PointsBet Deal
June 16, 2023  |  Acquisitions

Online sportsbook company DraftKings has made a last-minute bid to buy the U.S. business of betting firm PointsBet. The $195 million offer from the company...

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Instant Payouts Take Center Stage as Online Sports Betting Gains Popularity
Instant Payouts Take Center Stage as Online Sports Betting Gains Popularity
May 12, 2023  |  Real-Time Payments

The proliferation of riskier, long-shot betting strategies may mean gamblers are more eager to get their winnings — now. The Wall Street Journal reported this...

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