DARK SECRETS: 6 - The Real Truth

DraftKings Inc (NASDAQ:DKNG) said it has partnered with business-to-business embedded infrastructure platform, Zero Hash, to earn staking rewards on the Polygon (MATIC) blockchain network. The collaboration aims to optimize DraftKings' working capital and liquidity. PoS refers to proof of stake, a blockchain consensus mechanism for verifying and adding transactions on a blockchain. Zero…

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

A whale with a lot of money to spend has taken a noticeably bearish stance on DraftKings. Looking at options history for DraftKings (NASDAQ:DKNG) we detected 19 strange trades.

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Investors looking to gain exposure to the gaming sector can look to buy shares of DraftKings (DKNG) and Penn National Gaming (PENN). While Penn is an established casino operator, DraftKings is a high-growth company that’s rapidly gaining traction across gaming verticals.

Despite being ultra-popular, certain overvalued stocks with weak financials are just not wise bets in the current, volatile market. As such, we think it is safer to avoid Uber (UBER), Carnival (CCL), DraftKings (DKNG), and Tilray (TLRY). Read on.

DraftKings Inc (NASDAQ:DKNG) plans to expand its relationship with Golden Nugget Casino Lake Charles by launching mobile sports betting for eligible customers in the state's permitted parishes starting on Friday, January 28. Louisiana becomes the seventeenth state to offer DraftKings' online sportsbook, and the company is now live in 18 states. "Although Louisiana…

Someone with a lot of money to spend has taken a bullish stance on DraftKings (NASDAQ:DKNG). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Morgan Stanley analyst Thomas Allen upgraded DraftKings Inc (NASDAQ:DKNG) to Overweight from Equal Weight with an unchanged price target of $31, implying a 60.46% upside. Allen said that the stock's recent pullback presents an opportunity to invest for the long term. The analyst noted investors "should not ignore" that DraftKings is a leading player in…