DraftKings Inc. - Class A Common Stock (DKNG)

EQNX::TICKER_START (NYSE:VENU),(NYSE:LYV),(NYSE:TKO),(NYSE:MSGS),(NASDAQ:DKNG) EQNX::TICKER_END

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (Nasdaq: DKNG) today announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025.

BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its first quarter 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.

PALM BEACH, Fla., June 17, 2025 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Sports facilities are not just earning revenues from sports but are also creating additional revenues from entertainment and other events. A recent report from Market.us said that the Global Sports Facilities Market size is expected to be worth around USD 1,084.0 Billion by 2034, from USD 132.4 Billion in 2024, growing at a CAGR of 23.4% during the forecast period from 2025 to 2034. The report said: “Sports facilities are dedicated spaces for athletic activities, training, and competitions. They include stadiums, arenas, gymnasiums, and community sports complexes. Some focus on professional events, while others serve schools and local leagues. These facilities support various sports, offering equipment, seating, and amenities for players and spectators. The sports facilities market includes businesses that develop, operate, and manage venues for sports activities. It covers public and private stadiums, fitness centers, and training complexes. The market depends on sports popularity, event hosting, and investments in infrastructure. Revenue comes from ticket sales, sponsorships, memberships, and government funding. Sports facilities are evolving to meet rising demand. Governments and private investors are upgrading stadiums, gyms, and training centers to attract more visitors.” Active Entertainment companies active in the markets include: Venu Holding Corporation (NYSE American: VENU), Live Nation Entertainment (NYSE: LYV), TKO Group Holdings, Inc. (NYSE: TKO), Madison Square Garden Sports Corp. (NYSE: MSGS), DraftKings Inc. (NASDAQ: DKNG).

BOSTON, April 21, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2025 results after the close of market trading on Thursday, May 8, 2025.

BOSTON, March 05, 2025 (GLOBE NEWSWIRE) -- This Problem Gambling Awareness Month (PGAM), DraftKings Inc. (Nasdaq: DKNG) is reinforcing its commitment to Responsible Gaming through a series of initiatives and key milestones. The company is renewing its State Council Funding Program to further support nationwide resources, marking the one-year anniversary of its industry-first My Stat Sheet tool, and launching a national Responsible Gaming focused advertising campaign to raise awareness for responsible play.

BOSTON, March 04, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million (the “Term Loan B”). The size of the Term Loan B was increased from the previously announced $500 million aggregate principal amount due to strong demand.

BOSTON, March 03, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:

BOSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced the launch of syndication for a proposed senior secured term loan B credit facility (the “Term Loan B”) in an aggregate principal amount of $500 million. The consummation of the Term Loan B is subject to market and other conditions.

Raises 2025 Revenue Guidance Midpoint to $6.45 Billion;

BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025.

BOSTON, Nov. 29, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:

BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.

BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024.

DraftKings stock rises with the NFL season, boosted by live betting, BetVision, and fantasy sports. Learn why DKNG is a top pick for investors in sports betting

PENN Entertainment Inc. (NASDAQ: PENN) is an integrated entertainment experience provider encompassing land-based casinos, iGaming, and digital sports betting.

Markets were mostly positive this week as benign inflation numbers did nothing to dampen expectations that the Federal Reserve will cut interest rates

DraftKings and DoubleDown represent very different approaches to success in the fast-growing online betting and gaming market.

BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DraftKings Inc. (“DraftKings” or “the Company”) (NASDAQ: DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/DKNG.

Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of DraftKings Inc. (“DraftKings” or “the Company”) (NASDAQ: DKNG). Investors who purchased DraftKings securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/DKNG.

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of DraftKings Inc. (“DraftKings” or “the Company”) (NASDAQ: DKNG) for violations of the securities laws.

DraftKings shares fell over 1% after hours, despite beating adjusted EPS estimates. Its decrease in full-year EBITDA guidance likely caused the drop.

Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion

Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion