DraftKings Stock News

Sports-betting outfit DraftKings has been mired in troubling news of late. Now take a step back and look at the bigger picture.

2025 guidance revisions didn't impress. Some of the slide is attributable to sheer bad luck.

Shares of DraftKings (NASDAQ:DKNG) are down 4.9% year to date at $34.50, and retail traders are openly questioning whether the company's business model has a future.

Penn Entertainment began by solely operating physical casinos. DraftKings has expanded its business across sports betting, iGaming, and lottery.

Whether you're a gambling aficionado or not, most investors are well aware of how profitable casinos are.

Kalshi and Polymarket may not be a threat for much longer, as the gambling company gears up to launch its own prediction market.

The launch reaffirms the company's dedication to a customer-first commitment while expanding its reach to a broader audience The launch reaffirms the company's dedication to a customer-first commitment while expanding its reach to a broader audience

BOSTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced plans to launch its top-rated mobile sportsbook in Missouri on December 1, 2025. Earlier this year, the Missouri Gaming Commission granted DraftKings a temporary direct mobile sports wagering license, allowing DraftKings to operate independently across the state without the need for affiliation with a land-...