When it comes to sports betting in the United States, FanDuel and DraftKings are the two sportsbooks that immediately stand out. Although there are plenty of other outfits to emerge over the last ...

As federal policymakers grapple with how to regulate predictions markets, DraftKings is going all-in on its predictions product and aims to overtake industry leader Kalshi.

DraftKings is acquiring predictions platform Railbird. The sports betting giant is preparing to launch a new platform in the coming months called DraftKings Predictions. Predictions markets allow ...

Privately held Kalshi had record sports-betting volumes this past weekend. The venture-backed betting platform could become an increasing threat to existing sports-betting leaders. Tuesday's consumer ...

The Powerball jackpot is estimated at $1.8 billion as of Friday. Jackpocket, DraftKings' lottery courier, is seeing triple-digit percentage increases in orders for lottery tickets. Customers purchase ...

DraftKings is entering the red-hot prediction markets business, launching technology that lets users trade contracts linked to sporting and financial events. DraftKings said event contracts will be ...

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 (DKNG) shares have tanked recently, on concerns that prediction markets are a competitive threat to sportsbooks. Cathie Wood's Ark Invest ETFs have taken advantage of the recent weakness, ...