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DraftKings Inc Value Stock - Dividend - Research Selection

Draftkings inc

ISIN: US26142V1052 , WKN: A3DL31

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Description of the company

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.

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DraftKings (DKNG) Beats Stock Market Upswing: What Investors Need to Know

The latest trading day saw DraftKings (DKNG) settling at $37.86, representing a +1.91% change from its previous close.

DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know

DraftKings (DKNG) has received quite a bit of attention from users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

DraftKings: State And League Tax And Fee Greed Do Not Challenge FCF Performance

Financial analysts worry about tax rate increases on sports gambling wins, but top operators like DraftKings Inc. are positioned well. Read more on DKNG stock here.

Is It Too Late to Buy DraftKings Stock?

No. In fact, the recent setback from April's high is a great buying opportunity.

Q1 Earnings Highlights: PlayStudios (NASDAQ:MYPS) Vs The Rest Of The Gaming Solutions Stocks

As the Q1 earnings season comes to a close, it’s time to take stock of this quarter's best and worst performers in the gaming solutions industry, including PlayStudios (NASDAQ:MYPS) and its peers.

DraftKings (DKNG) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, DraftKings (DKNG) closed at $36.64, marking a -0.27% move from the previous day.

Q1 Earnings Highlights: Light & Wonder (NASDAQ:LNW) Vs The Rest Of The Gaming Solutions Stocks

Looking back on gaming solutions stocks' Q1 earnings, we examine this quarter's best and worst performers, including Light & Wonder (NASDAQ:LNW) and its peers.

Q1 Earnings Highs And Lows: Accel Entertainment (NYSE:ACEL) Vs The Rest Of The Gaming Solutions Stocks

As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at gaming solutions stocks, starting with Accel Entertainment (NYSE:ACEL).

New Jersey fines DraftKings $100K for reporting inaccurate sports betting data to the state

In one of the most sternly worded rebukes they have ever issued, New Jersey gambling regulators have fined DraftKings $100,000 for reporting inaccurate sports betting data to the state, which it called “unacceptable conduct” that demonstrated weaknesses in the company's business abilities. “These types of gross errors and failures cannot be tolerated in the New Jersey gaming regulatory system,” Mary Jo Flaherty, acting director of the state Division of Gaming Enforcement, wrote in a letter to DraftKings on June 16.

Rush Street Interactive (NYSE:RSI): Strongest Q1 Results from the Gaming Solutions Group

Let's dig into the relative performance of Rush Street Interactive (NYSE:RSI) and its peers as we unravel the now-completed Q1 gaming solutions earnings season.