Sports and gambling investors expect 'substantial' M&A ahead. These 5 hot areas could fuel dealmaking. [Business Insider]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Business Insider
Overall, these investors expected "significant" M&A in the space in the next two years. Crypto , sports sweepstakes, and gambling's expansion in Latin America are a few areas that could fuel the future of dealmaking in the sports and betting spaces. Investors speaking last week at Next.io 's Next Summit, a gambling conference in New York, predicted M&A will increase in the sector over the next two years. "I think there is going to be substantial M&A over the course of the next 24 months," said Edward King, cofounding partner and co-chief investment officer of Acies Investments, which invests in sports wagering, technology, and online gambling. King said he expects M&A in the next 12 months to be more of the same, with major companies continuing to fill product and distribution gaps by buying smaller players. But he thinks dealmaking beyond that will shift as gambling operators like DraftKings and FanDuel grow profits. "Suddenly these companies are going to have enormous fin
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
News
- How to watch Minnesota Timberwolves vs. Denver Nuggets NBA Christmas game [USA TODAY]USA TODAY
- How to watch Houston Rockets vs. Los Angeles Lakers NBA Christmas game [USA TODAY]USA TODAY
- How to watch Houston Rockets vs. Los Angeles Lakers NBA Christmas game [USA TODAY]USA TODAY
- How to watch Golden State Warriors vs. Dallas Mavs NBA Christmas game [USA TODAY]USA TODAY
- How to watch San Antonio Spurs vs. OKC Thunder NBA Christmas game [USA TODAY]USA TODAY
DKNG
Earnings
- 11/6/25 - Beat
DKNG
Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website