Tag: DraftKings
DraftKings earnings call focuses on prediction markets and how new partnership with ESPN can be leveraged
7 November 2025 at 12:59pm UTC-5
DraftKings and ESPN on Thursday announced a partnership that will make DraftKings the sole official sportsbook and odds provider for ESPN, starting 1 December.
One might think ...
DraftKings’ Jason Robins suggests prediction markets could drive igaming regulation
7 November 2025 at 8:17am UTC-5
DraftKings Chief Executive Jason Robins has said predictions markets could encourage the legalization of sports wagering and igaming in more US states.
In the company’s third ...
DraftKings reports revenue of US$1.14 billion in third quarter
6 November 2025 at 4:48pm UTC-5
DraftKings on Thursday reported revenue of US$1.14 billion for the third quarter, an increase of US$49 million, or 4%, compared to US$1.10 billion during the same period in 2024 ...
DraftKings reaches agreement to become official sportsbook and odds provider for ESPN
6 November 2025 at 12:28pm UTC-5
It didn’t take ESPN long to pivot from the termination of its agreement with Penn Entertainment.
ESPN on Thursday morning announced an agreement with DraftKings to be the ...
New York lawmakers weigh gambling expansion amid addiction concerns
30 October 2025 at 8:55am UTC-4
New York State lawmakers met in Albany on Wednesday to examine the rising risks associated with online gambling and the future of mobile sports betting in the state.
The joint ...
Polymarket plots US return with sports betting focus
30 October 2025 at 7:02am UTC-4
Prediction market Polymarket plans to relaunch in the US with a focus on sports betting.
Trading could begin by the end of November but will only be available to a limited ...
DraftKings acquires Railbird Technologies
24 October 2025 at 8:25am UTC-4
DraftKings is moving toward entry in prediction markets, having announced the acquisition of Railbird Technologies and its wholly owned subsidiary, Railbird Exchange, a federally ...
CME Group prepares sports-linked contracts to rival Kalshi and Polymarket
20 October 2025 at 7:15am UTC-4
Chicago-based derivatives exchange CME Group plans to launch financial contracts linked to sports events and economic indicators before the end of the year, competing with ...
Market overreacted to Kalshi’s NFL parlay launch
16 October 2025 at 8:14am UTC-4
The stock market shock after the launch of prediction market Kalshi’s NFL parlay product may have been an overreaction, according to Sportico.
At the end of September, the ...
Prediction-market fears overhyped, analyst says
3 October 2025 at 1:50pm UTC-4
The stock market has a “shoot first, ask later” attitude toward digital-gaming companies, opined J.P. Morgan analyst Daniel Politzer, pointing to the recent 18% plunge in ...
