DraftKings Flash News List | Blockchain.News
Flash News List

List of Flash News about DraftKings

Time Details
2025-11-07
06:06
DraftKings (DKNG) Q4: NFL Games Drove October Handle Acceleration — Not Prediction Markets

According to @StockMarketNerd, DraftKings' betting handle growth accelerated and continued accelerating in October, with a few NFL games having an outsized impact on quarterly results, per @StockMarketNerd. For traders, higher handle typically supports sportsbook revenue because revenue is driven by handle and hold rate, per DraftKings 2023 Form 10-K. Seasonality tied to the NFL is a key engagement driver in the fall, reinforcing the October strength as a near-term Q4 catalyst, per DraftKings 2023 Form 10-K. Crypto read-through appears limited because the move is not driven by prediction markets, per @StockMarketNerd.

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2025-11-06
21:21
DraftKings DKNG Earnings: EPS Beat -0.26 vs -0.42, Revenue Miss 1.14B vs 1.22B, FY25 Sales Guidance Cut to 5.9B-6.1B

According to @StockMKTNewz, DraftKings reported earnings with EPS of -0.26 versus expectations of -0.42, marking an EPS beat (source: @StockMKTNewz). Revenue printed 1.14B versus expectations of 1.22B, representing a revenue miss (source: @StockMKTNewz). DraftKings lowered its FY25 sales guidance to a range of 5.9B to 6.1B from the prior 6.2B to 6.4B range (source: @StockMKTNewz). No cryptocurrency or digital asset items were cited in the post, and no direct crypto market impact was indicated (source: @StockMKTNewz).

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2025-10-23
02:27
Polymarket Clearing to Serve as DraftKings Prediction Market Clearinghouse if Launched after CFTC-Regulated Railbird Acquisition, Boosting B2B Expansion

According to @PANewsCN, Polymarket founder Shayne Coplan said that following DraftKings’ acquisition of CFTC-regulated Railbird, if DraftKings launches a prediction market, Polymarket Clearing will be its designated clearinghouse (source: @PANewsCN). According to @PANewsCN, this move will advance Polymarket’s B2B business by providing clearing services tied to a CFTC-regulated entity (source: @PANewsCN).

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2025-10-15
00:27
Cathie Wood’s ARK Invest Buys 236,289 DraftKings (DKNG) Shares Today – Trading Update and Key Details

According to @StockMKTNewz, Cathie Wood and ARK Invest purchased 236,289 shares of DraftKings (DKNG) today, as referenced in ARK trade disclosures shared at x.com/ArkkDaily/status/1978253534366691595 (source: twitter.com/StockMKTNewz/status/1978256430885990405; source: x.com/ArkkDaily/status/1978253534366691595). The sources do not provide execution prices, fund allocation breakdown, or portfolio weighting for DKNG, limiting immediate position sizing analysis for traders (source: twitter.com/StockMKTNewz/status/1978256430885990405; source: x.com/ArkkDaily/status/1978253534366691595). The disclosures also do not indicate any direct crypto linkage or BTC and ETH exposure tied to this DKNG purchase, so no immediate cryptocurrency market impact is stated by the sources (source: twitter.com/StockMKTNewz/status/1978256430885990405; source: x.com/ArkkDaily/status/1978253534366691595).

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2025-10-04
18:31
Sports Betting Stocks Slide Since September on Prediction-Market Fears: DraftKings (DKNG) in Focus for Traders

According to @StockMKTNewz, sports betting stocks have taken a hit since September mainly due to fears around prediction markets (source: @StockMKTNewz on X, Oct 4, 2025). DraftKings (DKNG) is specifically highlighted as a name to watch within this theme (source: @StockMKTNewz on X, Oct 4, 2025). Traders may monitor DKNG for sector-driven volatility tied to the prediction-market narrative cited (source: @StockMKTNewz on X, Oct 4, 2025). Given that prediction markets are the stated catalyst, crypto-focused traders may also watch for sentiment overlap into on-chain forecasting narratives (source: @StockMKTNewz on X, Oct 4, 2025).

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2025-10-02
00:06
ARK Invest buys 511,049 DraftKings (DKNG) shares today - institutional flow update for traders

According to @StockMKTNewz, Cathie Wood and Ark Invest bought 511,049 shares of DraftKings (DKNG) today. Source: @StockMKTNewz on X, Oct 2, 2025. The report provides a precise share count and same-day timing, giving traders a concrete institutional buy to track in DKNG order flow. Source: @StockMKTNewz on X, Oct 2, 2025. No crypto assets such as BTC or ETH were mentioned, and no direct crypto market impact was cited. Source: @StockMKTNewz on X, Oct 2, 2025.

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2025-10-01
12:09
DraftKings (DKNG) Double Downgraded to Underperform by Northland with $33 Target as Polymarket and Kalshi Prediction Markets Offer More Favorable Odds

According to @stocktalkweekly, Northland double-downgraded DraftKings (DKNG) to Underperform from Outperform with a $33 price target. Source: @stocktalkweekly citing Northland. Northland attributes the call to growing competitive headwinds from prediction markets such as Kalshi and Polymarket amid rising adoption despite regulatory pushback. Source: @stocktalkweekly citing Northland. In a review of 40 NFL and college football games, Northland found prediction markets generally offered more favorable odds versus traditional sportsbooks. Source: @stocktalkweekly citing Northland. The firm cautions these platforms, available to users 18+ nationwide, could disrupt traditional sportsbooks and pressure DraftKings’ handle and user growth as they mature. Source: @stocktalkweekly citing Northland.

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2025-05-16
02:01
PGA Championship 2025: 3 PGA Tour Stars Collapse on 16th Hole Impacts FanDuel Crypto Betting Volatility

According to Fox News, three PGA Tour stars suffered major setbacks on the critical 16th hole during the 2025 PGA Championship, significantly impacting real-time odds and causing sharp volatility on crypto-based sports betting platforms like FanDuel and DraftKings (source: Fox News, May 16, 2025). This sudden shift in player fortunes led to rapid changes in betting sentiment, with blockchain-powered prediction market tokens experiencing increased trading volumes as traders responded to the unexpected developments.

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2025-05-14
21:55
Trump's Influence on MLB Pete Rose Decision May Affect Sports Betting Stocks: Analysis & Crypto Market Implications

According to Fox News, ESPN broadcaster stated that former President Trump's influence could be a possible factor in Major League Baseball's consideration to remove Pete Rose from the ineligible list. This development is significant for traders, as any changes in MLB's stance on gambling scandals may impact sports betting stocks like DraftKings and FanDuel, and potentially drive increased transaction volumes in related sports betting cryptocurrencies. The news highlights the growing intersection of politics, traditional sports, and digital asset markets, with direct implications for crypto projects focused on decentralized sports betting platforms. (Source: Fox News Twitter, May 14, 2025)

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