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DraftKings was hit hard on the prediction markets threat. One analyst believes the sell-off is overdone
Berenberg sees shares of DraftKings rallying 27% from their current valuation.…
CNBC Top Stories · 2025-10-09 14:23:44
Here’s why Wall Street is betting against DraftKings and FanDuel — and going all in on Polymarket and Kalshi
Kalshi and Polymarket could pose an existential threat to sports-betting companies.…
Market Watch · 2025-10-09 02:41:00Massive Powerball jackpot means big boost for DraftKings
Powerball's $1.7 billion jackpot is fueling triple-digit growth in ticket sales on DraftKings' Jackpocket. …
CNBC Business · 2025-09-05 14:44:43Analysts on Wall Street stick with top gambling stocks ahead of NFL kickoff
Analysts largely agree on DraftKings and Flutter Entertainment, owner of FanDuel, as their top gaming picks.…
CNBC Top Stories · 2025-09-04 14:34:14
DraftKings’ profit doubles expectations as people are betting — and losing — more
The sports-betting company’s stock jumped after a big profit beat, as users bet a lot more than they did last year — and also lost more.…
Market Watch · 2025-08-07 00:18:00Here are Friday's biggest analyst calls: Nvidia, Apple, Microsoft, Carvana, Palantir, Intel, DraftKings, Roblox & more
Here are the biggest calls on Wall Street on Friday.…
CNBC Top Stories · 2025-07-25 12:17:00
Read this before betting on Nathan’s hot-dog eating contest — even if Joey Chestnut is favored to win
Sportsbooks like DraftKings and FanDuel are taking wagers on the famous Fourth of July eating contest — and interest is especially strong after Chestnut was banned last year.…
Market Watch · 2025-07-03 20:31:00
This college grad almost turned $13 into $270,000 with a bet on the NHL finals. Why DraftKings and other sportsbooks love parlays.
Tuesday’s Stanley Cup win for the Florida Panthers meant a six-figure loss for one young sports bettor — but 24-year-old Drew Hirschman will still walk away with something.…
Market Watch · 2025-06-18 22:39:00FanDuel adds 50-cent surcharge on Illinois bets to offset state taxes, DraftKings may follow
The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.…
CNBC Business · 2025-06-10 15:55:50Stocks making the biggest moves midday: Tesla, BioNTech, DraftKings, Steel Dynamics and more
These are some of the stocks posting the largest moves in midday trading. …
CNBC Finance · 2025-06-02 16:46:57
