reports
DraftKings Announces Jason Robins’ Participation in Upcoming Event
DraftKings Announces Jason Robins’ Participation in Upcoming Event BOSTON, Sept. 02, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event: The BofA Securities 2025 Gaming and Lodging Conference. The fireside chat is scheduled for 12:10PM ET on September 4, 2025. Registration and the live audio portion of the BofA Securities 2025 Gaming and Lodging Conference is accessible at the conference website or at DraftKings’ In...
DraftKings Launches Responsible Gaming Education Month Campaign Featur...
DraftKings Launches Responsible Gaming Education Month Campaign Featuring Super Bowl Tickets Sweepstakes Monthlong initiative rewards customers who engage with responsible gaming tools, including the new “My Budget Builder” BOSTON, Aug. 26, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) is marking Responsible Gaming Education Month (RGEM) with a monthlong campaign designed to promote responsible play. At the center of the effort is the launch of a sweepstakes—offering customers the chance to win NFL tickets, including a grand prize trip to Super Bowl LX, by engaging with tools ...
DraftKings Secures Direct Mobile Sports Betting License to Operate in ...
DraftKings Secures Direct Mobile Sports Betting License to Operate in Missouri BOSTON, Aug. 15, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) announced today that the Missouri Gaming Commission has granted the company a direct mobile sports betting license. This direct mobile sports betting license will enable DraftKings to operate independently across the state of Missouri, without the need for affiliation with a land-based casino or professional sports team. DraftKings’ online sportsbook would go live on the universal launch date currently expected for December 1, 2025, contin...
DraftKings Reports Second Quarter Revenue Growth of 37% to $1,513 Mill...
DraftKings Reports Second Quarter Revenue Growth of 37% to $1,513 Million Sets Company Records for Revenue, Net Income, and Adjusted EBITDA Maintains 2025 Revenue and Adjusted EBITDA Guidance Ranges BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its second quarter 2025 financial results. The Company also posted a second quarter 2025 business update and a slide presentation on the Investor Relations section of its website at investors.draftkings.com. Second Quarter 2025 HighlightsFor the three months ended June 30,...
DraftKings to Release Second Quarter 2025 Results on August 6, 2025 an...
DraftKings to Release Second Quarter 2025 Results on August 6, 2025 and Host Conference Call on August 7, 2025 BOSTON, July 22, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2025 results after the close of market trading on Wednesday, August 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Thursday, August 7, 2025, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on business performance. To listen to th...
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gam...
DraftKings Launches “My Budget Builder” to Enhance Its Responsible Gaming Tools and Resources Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming BOSTON, June 30, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) today announced the launch of My Budget Builder, a new Responsible Gaming (RG) tool that players can use to set customized limits and reminders through a guided, easy-to-use experience. My Budget Builder is a tool that players can use to help manage their entert...
DraftKings to Introduce Transaction Fee in Illinois
DraftKings to Introduce Transaction Fee in Illinois BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with licensed operators, DraftKings Inc. (Nasdaq: DKNG) today announced that it will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois through DraftKings Sportsbook, effective September 1, 2025. “Illinois has been an important part of our growth, and we’re proud to have contributed meaningfully to the state thr...
DraftKings Reports First Quarter Revenue of $1,409 Million
DraftKings Reports First Quarter Revenue of $1,409 Million BOSTON, May 08, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its first quarter 2025 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. First Quarter 2025 HighlightsFor the three months ended March 31, 2025, DraftKings reported revenue of $1,409 million, an increase of $234 million, or 20%, compared to $1,175 million during the same period in 2024...
DraftKings to Release First Quarter 2025 Results on May 8, 2025 and Ho...
DraftKings to Release First Quarter 2025 Results on May 8, 2025 and Host Conference Call on May 9, 2025 BOSTON, April 21, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2025 results after the close of market trading on Thursday, May 8, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, May 9, 2025, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on business performance. To listen to the audio webcast ...
DraftKings Renews State Council Funding Program and Expands Responsibl...
DraftKings Renews State Council Funding Program and Expands Responsible Gaming Initiatives BOSTON, March 05, 2025 (GLOBE NEWSWIRE) -- This Problem Gambling Awareness Month (PGAM), DraftKings Inc. (Nasdaq: DKNG) is reinforcing its commitment to Responsible Gaming through a series of initiatives and key milestones. The company is renewing its State Council Funding Program to further support nationwide resources, marking the one-year anniversary of its industry-first My Stat Sheet tool, and launching a national Responsible Gaming focused advertising campaign to raise awareness for responsibl...
DraftKings Announces Close of $600 Million Upsized Term Loan B Facilit...
DraftKings Announces Close of $600 Million Upsized Term Loan B Facility BOSTON, March 04, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it has successfully closed on its senior secured term loan B credit facility in an aggregate principal amount of $600 million (the “Term Loan B”). The size of the Term Loan B was increased from the previously announced $500 million aggregate principal amount due to strong demand. The Term Loan B will mature in March 2032 and has an interest rate equal to the Secured Overnight Financing Rate (...
DraftKings Announces Jason Robins’ Participation in Upcoming Event
DraftKings Announces Jason Robins’ Participation in Upcoming Event BOSTON, March 03, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event: The Morgan Stanley Technology, Media & Telecom Conference. The fireside chat is scheduled for 3:20PM ET on March 4, 2025. Registration and the live audio portion of the Morgan Stanley Technology, Media & Telecom Conference can be accessed at the conference website or at DraftKings’ Investo...
DraftKings Announces Launch of $500 Million Term Loan B Facility
DraftKings Announces Launch of $500 Million Term Loan B Facility BOSTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- 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 $500 million. The consummation of the Term Loan B is subject to market and other conditions. DraftKings intends to utilize the net proceeds of the Term Loan B for general corporate purposes. About DraftKings DraftKings Inc. is a digital sports entertainment and gami...
DraftKings Reports Fourth Quarter and Fiscal Year 2024 Results
DraftKings Reports Fourth Quarter and Fiscal Year 2024 Results Raises 2025 Revenue Guidance Midpoint to $6.45 Billion; Reaffirms 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion BOSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its fourth quarter and fiscal year 2024 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Fourth Quarter 2024 HighlightsFor the three months ended D...
DraftKings to Release Fourth Quarter and Full Year 2024 Results on Feb...
DraftKings to Release Fourth Quarter and Full Year 2024 Results on February 13, 2025 and Host Conference Call on February 14, 2025 BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, February 14, 2025, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on...
DraftKings Announces Jason Robins’ Participation in Upcoming Event
DraftKings Announces Jason Robins’ Participation in Upcoming Event BOSTON, Nov. 29, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event: The Craig-Hallum Online Gaming Conference. The fireside chat is scheduled for 9:00AM ET on December 2, 2024. Registration and the live audio portion of the Craig-Hallum Online Gaming Conference can be accessed at the conference website or at DraftKings’ Investor Relations website. Ab...
DraftKings Reports Third Quarter Revenue Growth of 39% to $1,095 Milli...
DraftKings Reports Third Quarter Revenue Growth of 39% to $1,095 Million; Introduces Fiscal Year 2025 Revenue Guidance of $6.2 Billion to $6.6 Billion and Reiterates Fiscal Year 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com. Third Quarter 2024 Highlig...
DraftKings to Release Third Quarter 2024 Results on November 7, 2024 a...
DraftKings to Release Third Quarter 2024 Results on November 7, 2024 and Host Conference Call on November 8, 2024 BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024. DraftKings will host a conference call and audio webcast the following morning, Friday, November 8, 2024, at 8:30 a.m. ET, during which management will discuss the Company’s results and provide commentary on business performance. To lis...
DraftKings Announces Jason Robins’ Participation in Upcoming Event
DraftKings Announces Jason Robins’ Participation in Upcoming Event BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event: The Bank of America Gaming and Lodging Conference. The fireside chat is scheduled for 12:20PM ET on September 5, 2024. Registration and the live audio portion of the Bank of America Gaming and Lodging Conference is accessible at the conference website or at DraftKings’ Investor Relations w...
DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Mill...
DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion BOSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- (revised) — DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced results for the second quarter of 2024 and that its Board of Directors authorized the repurchase ...
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