DKNG has been in the news 375% more than usual
Aug 07, 2025, 12:32 AM
0.17%
What does DKNG do
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 Inc (DKNG) is set to report its second-quarter results, which could indicate positive trends for the sports betting industry as NCAA Football and NFL seasons approach. CEO Jason Robins expressed concerns about a new tax rule affecting loss deductions, while the company reported record revenue and net income, leading to a more than 3% increase in its shares.
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