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Macquarie: DraftKings Still One of Gaming’s ‘Most Compelling’ Growth Stories

DraftKings (NASDAQ: DKNG) stock perked up in recent days and could have more upside ahead of it as the gaming company capitalizes on prediction market and sports wagering momentum....

DraftKings Q2 Hit by Knicks & World Cup Results, But Prediction Market Momentum Builds

DraftKings (NASDAQ: DKNG) missed second-quarter Wall Street expectations on revenue and earnings today, but rapid growth in its prediction market provided a key bright spot. On a n...

DraftKings Selling $600M in Debt to Repurchase Convertible Bonds

DraftKings (NASDAQ: DKNG) announced syndication for a planned $600 million senior secured term loan B credit facility, the proceeds of which will be used to repurchase convertible...

Mizuho: DraftKings Stock Could Benefit from Prediction Market Court Cases

DraftKings (NASDAQ: DKNG) stock could catch tailwinds if various courts overtly rule against prediction market operators’ quests to continue offering sports event contracts. That’s...

Michael Burry Adds to DraftKings Stake, Says Thesis Unaltered

Famed investor Michael Burry on Friday noted he added to his recently initiated long position in DraftKings (NASDAQ: DKNG), one of the largest U.S. online sportsbook operators. In...

DraftKings Price Target, Q2 Estimates Pared by Morgan Stanley on Prediction Market Spending

It closed higher on Friday, but DraftKings (NASDAQ: DKNG) endured a rough week, shedding nearly 7% due in part to some tepid commentary from Morgan Stanley analyst Stephen Gramblin...

DraftKings Files Nine Football Contracts, Combos for In-House DKeX Exchange

DraftKings has self-certified multi-leg event contracts and nine football markets with the Commodity Futures Trading Commission (CFTC), expanding its push into prediction trading....

DraftKings Partners With Brian Christopher as Lightning Link Launches on DraftKings Casino

DraftKings Inc. (DKNG) and popular slot content creator Brian Christopher have announced a new collaboration that will bring together Brian Christopher Slots (BCSlots) with DraftKi...

Down $4.2B on Flutter, Kenneth Dart Takes Stake in DraftKings

Billionaire investor Kenneth Dart is reportedly staring at a $4.2 billion paper loss on his stake in Flutter Entertainment (NYSE: FLUT), but that’s not stopping him from amassing a...

DraftKings Reports 15% Volumes Increase, Loss in Revenue for Q2 as Customers Flock to Predictions

DraftKings CEO and Co-Founder Jason Robins described his company’s Q2 results as “fantastic,” as the gaming company reported a 15% increase in total sportsbook and prediction marke...

Prediction: Dick's Sporting Goods Stock Will go Parabolic After Aug. 25. Here's Why.

Dick's Sporting Goods saw sales rise 67% year over year in Q1.

DICK'S Sporting Goods Stock Is Hanging On By A Thread But Looks Like A Buy Ahead Of Q2 Earnings

IG Group Acquires Underdog in $1.3 Billion Deal

IG Group Holdings, a global financial technology company, recently announced the acquisition of Underdog Sports Holdings in a deal worth upwards of $1.3 billion. IG Group Holdings...

DraftKings Aggressively Markets Prediction Platform in California, Sports Betting’s Holy Grail

Sports betting remains strictly illegal in California, but state residents are increasingly using prediction markets to wager real money on the Dodgers, 49ers, and other top teams....

DraftKings Adds Football Contracts To Prediction Exchange

DraftKings is expanding its prediction market platform ahead of the 2026 football season, with its Railbird Exchange subsidiary preparing to offer a wider range of sports event con...

DraftKings Steers $30M Marketing Contract to Co-Founder Kalish’s New Company

DraftKings could direct as much as $30 million in marketing money to a company run by former president and co-founder Matthew Kalish. A filing with the Securities and Exchange Comm...

IG Targets Prediction Market Growth Through Underdog Buyout

IG Group has agreed to acquire U.S.-based daily fantasy sports and prediction markets operator Underdog in a transaction valued at up to $1.3 billion, marking one of the largest de...

DraftKings doesn’t have a gaming license in Nevada. How can it promote its presence?

DraftKings runs a prediction market, similar to the one operated by Kalshi, and that’s how the Boston company can say it operates in all 50 U.S. states.

Rush Street Interactive: A Thesis-Breaking Review (Downgrade)

DraftKings and Delta Launch Free-to-Play SkyPicks

DraftKings and Delta Air Lines have launched SkyPicks, a free-to-play sports prediction contest available to eligible passengers on Wi-Fi-e...

IG Group Buys Prediction Market Operator Underdog for Up to $1.3B

IG Group (LON: IGG), a UK-based trading platform provider, is acquiring Underdog in a deal valued at up to $1.3 billion, significantly expanding its reach into the fast-growing pre...

Dick's Sporting Goods Director Colombo Acquires 913 Shares

Colombo's $122,000 purchase brings his total beneficial ownership to 181,838 shares, valued at $24.2 million, primarily held through a trust structure.

Novig Volume Rapidly Tops Some Big Prediction Market Names

As has been widely documented, Novig’s sports-focused prediction market, which rolled out nationwide earlier this month, is off to a fast start. So much so that average daily volum...

Where Will Dick's Sporting Goods Stock Be in 5 Years?

Dick's stock took a hard post-earnings hit recently, but there's still some reason for longer-term optimism.