is a senior correspondent at Business Insider, writing about business and the economy. [Business Insider]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Business Insider
And Americans responded with a resounding yes. The ground has shifted on gambling in the US in recent years as it's become easier than ever to try your luck at, well, a lot of things. In a survey conducted in July and August for the American Gaming Association , 55% of surveyed adults said they had participated in some sort of gambling over the past year, up from 49% in 2023 . Americans are expected to wager some $150 billion on sports this year, up from about $120 billion in 2023. People bet tens of millions of dollars on the 2024 election, with companies such as Polymarket and Kalshi raking in big bucks. The trading platform Robinhood got into presidential-election betting, and it says it's looking into sports gambling now, too. It's not just explicit betting, either. A lot of "investing" looks very much like gambling nowadays. There's an increasing acknowledgment that the point of bitcoin is really "number go up" (and down) , that it's a speculative investment without much of a
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DKNG
News
- Jim Cramer warns against novice day trading, calls zero-day options ‘pure greed' [CNBC]CNBC
- 2024 was the year America started to bet on everything [Yahoo! Finance]Yahoo! Finance
- Golf stars square off in The Showdown: Live updates, odds, how to watch Golf [USA TODAY]USA TODAY
- Another month, another record smashed for New Jersey internet gambling [Yahoo! Finance]Yahoo! Finance
- "Oversold" DraftKings Stock Could Rebound [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 11/7/24 - Beat
DKNG
Sec Filings
- 12/13/24 - Form D
- 12/11/24 - Form 4
- 12/9/24 - Form 144
- DKNG's page on the SEC website