Bank of America Just Upgraded DraftKings Stock. Here's Why. DraftKings stock rallies on a bullish Bank of America research note. Here is why senior analyst Julie Hoover upgraded DKNG shares today. Barchart · Oct 5
JPMorgan Bets on Genius Sports as the Market Loses Patience JPMorgan initiated Genius Sports at Overweight with an $8 target, citing prediction-market deals with Kalshi and Polymarket as an underappreciated growth driver ahead of Nov. 3 earnings. MarketBeat · Oct 1
35% of bettors are leaving sportsbooks for prediction markets, echoing the regulatory loophole DraftKings built its business on The American Gaming Association says states have already lost $500 million in tax revenue to prediction markets. Fortune · Sep 25
DraftKings Falls 7.6%: Is Kalshi's NFL Lead Really That Big? DraftKings stock fell 7.6% after data showed Kalshi's NFL Week One prediction market share, but adjusted figures and Kalshi's growing legal risk suggest the gap is smaller than headlines indicate. MarketBeat · Sep 24
It’s ‘A Portal to Hell’: Dave Ramsey Slams Sports Betting Apps Because States That Legalized It Saw Bankruptcies Jump 10% Dave Ramsey slams sports gambling in a segment, calling it a "portal to hell." Barchart · Sep 24
Exclusive: Struggling DraftKings awards $30 million marketing contract to co-founder who recently stepped down Six weeks before leaving his post, Matthew Kalish signed agreements with his startup HardScope potentially worth millions. Fortune · Aug 26
'This is a money-losing proposition for most of these individuals': Americans are draining stock portfolios to shovel more money into sports betting Amid the growing lure of sports betting, Gen Z men in particular face a growing risk of financial disaster, experts say. Fortune · Aug 22
Inside the AI, Crypto and Betting Cash Industries Bankrolling the 2026 Midterms — and Texas Is Ground Zero Crypto, AI and betting money have already topped the 2024 cycle's full total — with the fiercest spending fights unfolding in South Texas. Latin Times · Aug 22
DraftKings’ Predictions Push Could Be the Bet That Matters Most DraftKings shares rallied after mixed Q2 2026 results, as an EPS beat and Predictions market expansion offset a revenue miss and shrinking margins. MarketBeat · Aug 12
DraftKings vs. FanDuel vs. BetMGM: Who's Really Winning the Market Share War America's sports betting boom has created a new kind of competition. The biggest challenge for operators is no longer simply gaining access to new states, but earning a permanent place in the daily habits of millions of fans. inkl · Aug 11
DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season DraftKings (NASDAQ:DKNG) missed second-quarter revenue expectations Thursday, but Wall Street quickly moved past the miss to a bigger question: whether prediction markets are becoming the company’s next major growth engine. Benzinga · Aug 7
DraftKings Earnings Prediction Market Preview: Traders Bet Robins Won't Say 'Kalshi' DraftKings Inc. (NASDAQ:DKNG) reports second-quarter earnings after the bell today, with the call scheduled for Friday morning. Benzinga · Aug 6
DraftKings Q2 Preview: Stock Slammed by Prediction Markets — Can Earnings Offer Relief? Sports betting and online gaming giant DraftKings Inc (NASDAQ:DKNG) looks to turn things around when the company reports second-quarter financial results Thursday after market close. Benzinga · Aug 5
Why Michael Burry Is Doubling Down on DraftKings Stock As prediction markets shake up sports betting, Michael Burry is betting the odds will swing back in DraftKings' favor. Barchart · Aug 4
The Independent UK · Jul 21 DraftKings authorized to launch multi-state poker by Michigan State Regulator Online poker is only legal in six US states: Nevada, Delaware, New Jersey, Pennsylvania, West Virginia, and Michigan.
MarketBeat · Jul 12 Why "Big Short" Investor Michael Burry Sees Upside in Beaten-Down Sportbook Stocks Michael Burry bought DraftKings and Flutter shares, betting regulation will curb prediction markets like Kalshi, as Wall Street analysts also see both sportsbook stocks as undervalued.
Benzinga · Jul 11 Benzinga Bulls and Bears: Penguin Solutions, Draftkings, Palantir — And Stocks End Week With Solid Gains Benzinga examined the prospects for many investors’ favorite stocks over the last week — here’s a look at some of our top stories.
International Business Times UK · Jul 9 Michael Burry Bets on Beaten-Down DraftKings, Flutter Despite Threat From Prediction Markets Michael Burry opened positions in DraftKings and Flutter, and shared how he uses his unique IV15 valuation metric to identify potential value stocks.
Benzinga · Jul 8 Michael Burry Bullish on Sportbooks, Goes Long DraftKings, Flutter Michael Burry said on Wednesday that he is leaning into sports betting, adding long positions in DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT), while cautioning against fast-growing prediction markets.
Reason · Jun 29 The Mob Used To Run Sports Betting. Now DraftKings and FanDuel Do. How sports betting moved online and started a debate about its benefits and negatives.
Barchart · Jun 26 DKNG Stock Alert: What to Know as DraftKings Launches Predictions Market DraftKings stock rallies on the launch of the prediction markets exchange. Here’s what DKeX launch really means for DKNG shares.
The Independent UK · Jun 26 Groom gambles away entire wedding fund, then sues DraftKings Exclusive: ‘Once they put the product out there, they have an obligation to make it reasonably safe,’ attorney Yvonne Flaherty told The Independent of client Dane Miller, who also lost his job and considered suicide in the aftermath
Fortune · Jun 18 How to run a company when the AI agents vastly outnumber the humans Business leaders from Salesforce, DraftKings, Indeed, and other companies convened at Fortune Brainstorm Tech to discuss the challenges and benefits of using AI for jobs with no margin for error.
MarketBeat · Jun 11 DraftKings Hits the Jackpot With Super App Pivot DraftKings shares rose to the $28–$29 range after a June 9 SEC filing revealed $3.1 billion in annualized volume for its Predictions platform, up 34% from April.
Barchart · Jun 10 DraftKings Stock Soars as Predictions Volume Explodes. DKNG’s Next Growth Engine Might Just Be Getting Started. DraftKings' underlying business continues to show strength. Moreover, the emerging Predictions platform could help accelerate growth.