DraftKings Stock News

The sportsbooks say they play a key role in helping regulators identify suspicious betting activity.

The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA).

BOSTON, Oct. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2025 results after the close of market trading on Thursday, November 6, 2025. DraftKings will host a conference call and audio webcast the following morning, Friday, November 7, 2025, at 8:30 a.m.

DraftKings (DKNG) is expanding into the booming prediction markets business.

Growth stocks have led the market higher over the last three years. These three companies are all exhibiting strong revenue growth and expanding profit margins.

The online sports-betting company acquires Railbird Technologies in its first step toward launching a prediction market product.

DraftKings (DKNG) surges 5.4% premarket after acquiring Railbird Technologies, expanding into regulated prediction markets beyond sports betting. DKNG will launch DraftKings Predictions, a new app enabling users to trade on real-world outcomes across finance, culture, and entertainment.

Digital gaming company DraftKings has acquired Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, which is a federally licensed exchange designated by the Commodity Futures Trading Commission and focuses on event-based contracts.