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35% of bettors are leaving sportsbooks for prediction markets, echoing the regulatory loophole DraftKings built its business on

In 2006 Congress passed a law called the Unlawful Internet Gambling Enforcement Act, which didn't ban online betting but rather, banned banks from processing payments for it. It carved out one exception: fantasy sports, because Congress considered it a game of skill, not a …

Here is What to Know Beyond Why DraftKings Inc. (DKNG) is a Trending Stock

DraftKings (DKNG) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this company have returned -12.2% over the past …

What Is Drawing Fresh Attention To Churchill Downs (CHDN)?

Churchill Downs (CHDN) is back in focus after the company moved to refinance its balance sheet through a proposed $500 million senior secured Term Loan B due 2033 and related debt actions. Recent trading tells a mixed story. Churchill Downs' share price is down …

DraftKings (DKNG) Dips More Than Broader Market: What You Should Know

DraftKings (DKNG) ended the recent trading session at $21.25, demonstrating a -2.52% change from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.76%. Elsewhere, the Dow saw a downswing of 0.68%, while the tech-heavy Nasdaq depreciated by 1.13%. …

Is DraftKings betting big on losing gamblers? -- update

Wpadington/iStock via Getty Images UPDATED 17:18 ET with a comment from a DraftKings spokesperson to Seeking Alpha. The online gambling industry was last valued at nearly $100B and is expected to double by the early 2030s, fueled by widespread legalization and an advertising blitz …

DraftKings Drops 4% as Prediction-Market Spending Plans Stir Margin Doubts; Flutter Entertainment Slips, Robinhood Ticks Up

Quick Read DraftKings drops 4% after CEO Jason Robins signaled pulled-forward marketing spend on prediction markets, compressing near-term margins; Flutter slips 1% on the same concern. Robinhood rises 0.8% on the same catalyst, revealing markets reward platforms that already own prediction-market customers over those …

Ação da Churchill Downs atinge mínima de 52 semanas - Investing.com Brasil

Churchill Downs (CHDN) Prices $500 Million Loan. Could Interest Costs Rise?

Churchill Downs Incorporated (NASDAQ:CHDN) priced a $500 million senior secured term loan due in 2033 on September 17. The borrowing carries interest at the Secured Overnight Financing Rate, or SOFR, plus 175 basis points. Its 99.875% issue price implies $499.375 million before fees and …

DraftKings may be using AI to target the app's biggest losers

A new New York Times investigation alleges that sports betting platform DraftKings (DKNG) is using AI to target the gamblers who are most likely to lose and susceptible to the app's promotions. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian react to …

Churchill Downs Incorporated 2026 Third Quarter Financial Results Conference Call Invitation

Churchill Downs Incorporated LOUISVILLE, Ky., Sept. 21, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated ("CDI" or "the Company") announced today that the Company will release third quarter 2026 financial results after the market closes on Wednesday, October 28, 2026, and host a related conference …

DraftKings (DKNG) Stock Trades At A Discount To Fair Value

DraftKings has seen a sharp reset in sentiment, with the stock down heavily over recent years, which puts a spotlight on whether today's share price still lines up with the scale of its sales. With the business pushing further into prediction markets and reinforcing …

DraftKings Dips Have Usually Paid, But Does This Drop Count?

Image from Pixabay DraftKings (DKNG) trades near $22.50, about 14% below the recent high it set on 21st August 2026. Sharp falls in this stock have been worth buying before: the median dip gained 41% over the next twelve months. The same record says …

DraftKings Asks Patent Tribunal to Invalidate Interactive Games Patent

UBS Adjusts DraftKings Price Target to $48 From $49, Maintains Buy Rating

Churchill Downs Prices $500 Million Senior Secured Debt due 2033

Churchill Downs Incorporated LOUISVILLE, Ky., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, "CDI," "the Company") announced today that it successfully priced its previously announced $500 million in aggregate principal amount of senior secured Term Loan B due 2033 ("2033 TLB"). …

Here's Why DraftKings (DKNG) Fell More Than Broader Market

In the latest trading session, DraftKings (DKNG) closed at $24.33, marking a -1.26% move from the previous day. This change lagged the S&P 500's 0.45% loss on the day. Meanwhile, the Dow lost 1.21%, and the Nasdaq, a tech-heavy index, lost 0.01%. Heading into …

DraftKings donates $50,000 to help fuel DAV’s Transportation Network

Erlanger, KY, Sept. 15, 2026 (GLOBE NEWSWIRE) -- DAV (Disabled American Veterans) is proud to announce a new collaboration with DraftKings through its DraftKings SERVES program, which includes a $50,000 donation to support the DAV Transportation Network as part of the DraftKings Gameday activation—a …

DraftKings Enhances Responsible Engagement Efforts With New Customer Initiatives, Tools and Education

New efforts include a digital advertising campaign featuring Kevin Hart and Nick Jonas, a PGA TOUR sweepstakes, the launch of Gamalyze American Football, and custom cool-off options at the start of football Season. BOSTON, September 14, 2026--(BUSINESS WIRE)--DraftKings Inc. today announced a series of …

Churchill Downs Launches Proposed $500 Million Senior Secured Term Loan B

Churchill Downs Incorporated LOUISVILLE, Ky., Sept. 14, 2026 (GLOBE NEWSWIRE) -- Churchill Downs Incorporated (Nasdaq: CHDN, "CDI," "the Company") announced today that it is launching a proposed $500 million in aggregate principal amount of senior secured Term Loan B due 2033 ("2033 TLB"). CDI …

DraftKings Inc. (DKNG) is Attracting Investor Attention: Here is What You Should Know

DraftKings (DKNG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this company have …

DraftKings and Flutter Jump After Court Rules Prediction Markets Are Gambling, Not Federally Regulated Trading

Shares of DraftKings Inc. (NASDAQ:DKNG) and Flutter Entertainment plc (NYSE:FLUT) soared on August 28 after the Ninth Circuit Court of Appeals ruled that sports-related contracts at issue were not 'swaps' under federal commodities law, clearing the way for Nevada to apply its gaming regulations …

DraftKings will be breaking 'new ground' with its prediction product: CEO

The Seattle Seahawks pulled away with a victory over the New England Patriots to open the 2026 NFL season on Wednesday night. DraftKings (DKNG) co-founder and CEO Jason Robins comes on Market Domination to discuss the platform's availability across the US and the growing …

Prediction Markets Are Huge Opportunity, DraftKings CEO Says

DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to Bloomberg's Romaine Bostick. View Comments

DraftKings amplia parceria com IC360 para monitorar apostas esportivas e mercados de previsão

Dear DraftKings Stock Fans, Mark Your Calendars for September 9

Financial Report by NicoElNino via Shutterstock After months of offseason moves, training-camp battles, preseason action, and endless predictions, the wait is finally over, and the 2026 NFL season is here. Fans have been counting down since the Super Bowl, and now the road to …

Is It Worth Investing in DraftKings (DKNG) Based on Wall Street's Bullish Views?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before …

DraftKings Expands IC360 Integrity Monitoring Agreement to Predictions Platform

American football pitch ©krisandapril DraftKings Inc. (NASDAQ:DKNG) has expanded its agreement with Integrity Compliance 360, Inc. (IC360), extending the company's integrity and compliance technology across both its sportsbook and predictions businesses. The arrangement will deploy IC360's full suite of monitoring technology across DraftKings Sportsbook …

DraftKings Extends Agreement with IC360 to Enhance Integrity Monitoring and Combat Athlete Harassment Across Sportsbook and Prediction Market Platforms

IC360 Collaboration brings IC360's comprehensive suite of integrity and anti-harassment technologies to DraftKings Sportsbook and DraftKings Predictions LAS VEGAS and BOSTON, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Integrity Compliance 360, Inc. (IC360), the global technology and advisory leader for integrity and regulatory solutions in …

What DraftKings (DKNG)'s New $700 Million Term Loan and Larger Credit Line Means For Shareholders

In August 2026, DraftKings amended its credit agreement to add a US$700 million Term B loan due 2033 and expand its revolving credit facility to US$750 million maturing in 2031, largely to refinance existing 0% convertible notes and fund general corporate purposes. This refinancing …

Amazon.com vs. DraftKings: Which Consumer Stock Is a Better Buy in 2026?

Should you invest in a cloud and retail powerhouse or a fast-growing digital gaming leader? Choosing between Amazon.com (NASDAQ:AMZN) and DraftKings (NASDAQ:DKNG) depends on your preference for stability versus growth. Amazon dominates global e-commerce and cloud infrastructure while DraftKings captures a growing share of …

DraftKings (DKNG) Stock Looks Undervalued As Shares Fell 62% In 5 Years

DraftKings stock has had a tough run over the past few years, yet some valuation checks now point to a company that does not look clearly expensive either. With mixed signals on value and a long stretch of weak returns, investors are reassessing what …

DraftKings (DKNG) Stock Trades Up, Here Is Why

DraftKings (DKNG) Stock Trades Up, Here Is Why What Happened? Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 4.3% in the afternoon session after Wolfe Research initiated coverage on the company with an Outperform rating. According to TipRanks, Wolfe Research analyst Peter …

Wolfe Initiates Churchill Downs at Outperform With $119 Price Target