Sharemaestro Newsreel

DraftKings Gives Back to Canadian Communities with Free Fuel in Edmonton and Toronto

Gameday Fuel events on September 2 will help Canadians fill their tanks as football season gets underway TORONTO, Aug. 31, 2026 /CNW/ -- DraftKings Inc. (Nasdaq: DKNG) today announced that it will bring a free fuel experience, Gameday Fuel1, to Edmonton and Toronto on …

‘DraftKings Is Not a Blessing to Your Life’: Dave Ramsey to Gambler 31 Days Sober and $23K in Debt

Quick Read DraftKings (DKNG) pockets roughly $7 per $100 wagered yet still posted a $68M quarterly net loss, meaning both bettors and shareholders are losing. Ramsey advises attacking Joey's $23,000 in card debt smallest-balance-first, since 24% APR makes every delayed dollar compound sharply against …

Why Are DraftKings (DKNG) Shares Soaring Today

What Happened? Shares of fantasy sports and betting company DraftKings (NASDAQ:DKNG) jumped 6.4% in the afternoon session after the company renewed its multi-year sports betting and daily fantasy sports partnership with the NFL ahead of the 2026 season. According to an announcement from the …

Could DraftKings (DKNG) Stock Turn Margin Pressure Into a Bigger Growth Opportunity?

DraftKings Inc. (NASDAQ:DKNG) stock has been navigating a complex landscape following its Q2 2026 earnings report, leaving investors to weigh short-term margin volatility against long-term strategic expansion. On August 17, DraftKings announced the launch of syndication for a proposed $600 million Senior Secured Term …

DraftKings and Flutter rally after key Nevada prediction market ruling as SCOTUS showdown looms

[BetMGM, DraftKings, bet365, FanDuel, Caesars, Fanatics. Assorted sports betting app icons on phone screen] Robert Way DraftKings (DKNG [https://seekingalpha.com/symbol/DKNG]) and Flutter Entertainment (FLUT [https://seekingalpha.com/symbol/FLUT]) rallied on Friday after a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit ruled unanimously that …

DraftKings vs. Flutter: Which Stock Has Better Growth Prospects?

The online gaming industry is navigating an increasingly competitive environment as operators balance customer acquisition, promotional spending, product innovation and profitability. Within this environment, DraftKings Inc. DKNG and Flutter Entertainment plc FLUT hold leading competitive positions but differ materially in geographic exposure, operating mix …

DraftKings, FanDuel, Fanatics Enter Multiyear Commercial Agreements With NFL

Tenth Man Spins New Work For DraftKings

DraftKings (DKNG) Refinance Puts Focus On Whether The Stock Still Looks Fully Valued

DraftKings refinances with new term loan and larger revolving credit line DraftKings (DKNG) has reshaped its balance sheet with a new US$700 million term loan due 2033 and a US$750 million revolving credit facility maturing in 2031, replacing its prior US$500 million revolver. DraftKings …

Here’s Why Churchill Downs (CHDN) Traded Lower in Q2

The London Company, an investment management company, released its second-quarter 2026 investor letter for its "Small-Mid Cap Strategy." The letter can be downloaded here. U.S. equities rebounded sharply in Q2, with the Russell 3000 gaining 15.4%, supported by AI infrastructure spending, strong earnings, and …

DraftKings (DKNG) Approved $30 Million Cofounder Deal Before Exit

DraftKings (NasdaqGS:DKNG) approved a US$30 million marketing contract for a cofounder's new startup shortly before his departure. The contract was awarded weeks ahead of the executive's exit, raising questions over potential conflicts of interest and internal controls. Investors are assessing what this related party …

Exclusive: Struggling DraftKings awards $30 million marketing contract to cofounder who recently stepped down

DraftKings has fallen on hard times. Under pressure from prediction markets, the betting site has seen its share price fall 44% in the past year and has endured significant layoffs. In March, one of DraftKings' cofounders, Matthew Kalish, stepped down as president—but not before …

DraftKings Closes $700 Million Term Loan B, $750 Million Revolving Facility

BOSTON, August 25, 2026--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the "Company" or "DraftKings") today announced that it has successfully closed on its previously announced (i) $700 million senior secured term loan B credit facility (the "Term Loan B") and (ii) $750 million senior secured revolving …

DraftKings Announces Closing of $700 Million Upsized Term Loan B Facility and $750 Million Revolving Credit Facility

BOSTON, August 25, 2026--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the "Company" or "DraftKings") today announced that it has successfully closed on its previously announced (i) $700 million senior secured term loan B credit facility (the "Term Loan B") and (ii) $750 million senior secured revolving …

DraftKings Stock Could Pop on Prediction Market Court Decisions

Sports-betting companies have seen their stocks slide over fears of competition from prediction markets. Continue Reading

DraftKings Shed 34.26% in a Year. Its Biggest Bull Has Now Gone Neutral

Quick Read Argus downgraded DKNG from Buy to Hold as shares sit 43% below their 52-week high amid rising costs and state tax uncertainty. DraftKings' investment in its federally regulated predictions platform will add tens of millions in costs while 2026 guidance assumes stable …

Q2 Earnings Highs And Lows: Churchill Downs (NASDAQ:CHDN) Vs The Rest Of The Consumer Discretionary - Gaming Solutions Stocks

Q2 Earnings Highs And Lows: Churchill Downs (NASDAQ:CHDN) Vs The Rest Of The Consumer Discretionary - Gaming Solutions Stocks Earnings results often indicate what direction a company will take in the months ahead. With Q2 behind us, let's have a look at Churchill Downs …

Novig posts $125 million in first-week sports prediction market volume

Novig tallied more than $125 million in notional trading volume across its debut week, the sports prediction market company told CNBC. That number beat what Kalshi, Polymarket U.S., Underdog, and DraftKings' exchange DKeX each recorded in their respective debut weeks, based on figures Novig …

DraftKings Announces Launch of $600 Million Term Loan B Facility and Upsized $750 Million Revolving Credit Facility

BOSTON, August 17, 2026--(BUSINESS WIRE)--DraftKings Inc. (Nasdaq: DKNG) (the "Company" or "DraftKings") today announced the launch of syndication for a proposed senior secured term loan B credit facility (the "Term Loan B") in an aggregate principal amount of $600 million. DraftKings intends to utilize …

DraftKings (DKNG) Is Up 8.8% After Q2 Loss But Surging Predictions Adoption - Has The Bull Case Changed?

In August 2026, DraftKings Inc. reported second-quarter 2026 results showing sales of US$1,443.24 million and a net loss of US$67.61 million, while reaffirming full-year 2026 revenue guidance of US$6.5 billion to US$6.9 billion. Alongside these results, DraftKings highlighted rapid adoption of its Predictions product …

DraftKings (DKNG) Stock May Be Below Fair Value Following Q2 Predictions Growth

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. DraftKings stock has delivered a roughly 50% decline over the past five years, yet its current valuation checks send a mixed message rather …

Why DraftKings' prediction markets could boost sports betting this Fall

Macquarie Group senior gaming, lodging & theatres analyst Chad Beynon joins Market Domination to explain why he believes DraftKings' prediction markets could drive fresh momentum for sports betting this fall—and position the company for a strong football season. View Comments

DraftKings (DKNG) Q2 2026 Earnings Call Transcript

Image source: The Motley Fool. DATE Friday, Aug. 7, 2026 at 8:30 a.m. ET CALL PARTICIPANTS Vice President of Finance - Matthew RappaportChief Executive Officer and Co-Founder - Jason RobinsChief Financial Officer - Alan Ellingson TAKEAWAYS Revenue -- $1,443 million for DraftKings Inc.(NASDAQ:DKNG), representing …

DKNG Q2 Deep Dive: Customer Growth and Super App Rollout Reshape Outlook

Fantasy sports and betting company DraftKings (NASDAQ:DKNG) fell short of the market's revenue expectations in Q2 CY2026, with sales falling 4.6% year on year to $1.44 billion. On the other hand, the company's outlook for the full year was close to analysts' estimates with …

EXCLUSIVE: DraftKings Is Validating Kalshi's Market While Trying to Take It, Says Investor With Stakes in Both

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. DraftKings Inc.(NASDAQ:DKNG) missed revenue expectations last week, but prediction markets dominated the earnings call. To Joel Shulman, founder and chief investment officer of ERShares and portfolio manager …

Projeções de Resultados: Draftkings Inc (DKNG) — LPA e Crescimento de Receita

Notícias das Ações da Churchill Downs Inc (CHDN)

Análise e Previsão das Ações da Draftkings Inc (DKNG)

Stock Market Today, Aug. 7: DraftKings Surges 8% on Prediction-Market Growth After Q2 Results

DraftKings (NASDAQ:DKNG), a digital sports betting, fantasy sports, and iGaming platform, closed at $24.03, up 8.39%. Investors focused on prediction-market and customer-activity growth after Q2 results missed expectations. Trading volume reached 36.1M shares, coming in about 173% above its three-month average of 13.2M shares. …

DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. 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 …

DraftKings CEO Blasts Prediction Bets on Earnings Call Comments

(Bloomberg) -- DraftKings Inc. Chief Executive Officer Jason Robins said he doesn't think it is good that bettors are placing prediction market wagers on what executives say on company earnings calls. Most Read from Bloomberg OpenAI's New Device Will Be Hockey Puck-Sized and Cost …

Expect 'big things' this fall: DraftKings CEO on prediction markets growth

DraftKings (DKNG) missed second quarter revenue expectations. DraftKings Co-Founder and CEO Jason Robins sits down with Yahoo Finance's Julie Hyman to discuss the results and the future of prediction markets. Video Transcript 00:00 Speaker A I believe you guys now have 600,000 customers for …

DraftKings Q2 Earnings Call Highlights

Key Points Interested in DraftKings Inc.? Here are five stocks we like better. DraftKings maintained its 2026 outlook for revenue of $6.5 billion to $6.9 billion and adjusted EBITDA of $700 million to $900 million, while management said the core business could generate approximately …

DraftKings (DKNG) Misses In Q2 As Fair Value Questions Return

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. What DraftKings' Latest Earnings Miss Means For Investors DraftKings (DKNG) set the tone for its stock with second quarter 2026 results that missed earnings and …

DraftKings (DKNG) Q2 Earnings and Revenues Miss Estimates

DraftKings (DKNG) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings …

Compared to Estimates, DraftKings (DKNG) Q2 Earnings: A Look at Key Metrics

For the quarter ended June 2026, DraftKings (DKNG) reported revenue of $1.44 billion, down 4.6% over the same period last year. EPS came in at $0.09, compared to $0.38 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $1.5 …