DraftKings (DKNG) is downgraded to a sell rating after a disappointing Q3 earnings report and a 20% year-to-date stock decline. DKNG's valuation remains stretched at 31x FY25 adjusted EBITDA, despite ...
DraftKings is downgraded to "Hold" due to intensifying competition and operational setbacks. Prediction markets are rapidly gaining traction, pressuring DKNG's margins and forcing costly new ...
DraftKings Predictions has gone live in 38 states, bringing one of the biggest names in online gaming into the prediction market industry. Jeanine Hightower-Sellitto, Senior Vice President of ...
DraftKings announced last week it would offer sports event contracts, becoming the first major U.S. sportsbook operator to announce plans to run such a platform at a time when prediction markets are ...
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