DraftKings, headquartered in Boston, offers online sports betting, casino games, and daily fantasy sports across 27 U.S. states and Ontario, Canada, employing 4,400 staff since its IPO in July 2019. The company also owns Jackpocket, a digital lottery app, and operates multiple media platforms for content delivery.
DKNG has been in the news recently: DraftKings is facing increased short selling, with 13.61% of its float sold short, amounting to 29.12 million shares. Additionally, the sports betting sector could be influenced by President Trump's proposed "Big Beautiful Bill."
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