16.95

10.82 (00.64%)

As of Feb 06, 2023

DraftKings Inc [DKNG]

As of Nov 08, 2024 | Source: Quarterly Report to the SEC

Company Overview

Draftkings Inc is a digital sports entertainment and gaming company. We provide users with online sports betting (“Sportsbook”), online casino (“iGaming”) and daily fantasy sports (“DFS”) product offerings, as well as retail sportsbook, media and other consumer product offerings. We are also involved in the design and development of sports betting and casino gaming software for online and retail sportsbooks and iGaming operators.

Country United States
Headquarters Boston, Massachusetts
Phone Number (617) 986-6744
Industry Amusement And Recreation Services
Employees 4,400
CEO Jason D. Robins
Website www.draftkings.com
Recent Stories
Draftkings Inc. revenue decreases to $874.93 million in quarter ended Jun 30, 2023 from previous quarter

Key fundamental financials loss of $77.27 million Revenue of $874.93 million Current Reporting Revenue Net Income Profit/Loss Jun 2023 $874.93 million $77.27 million loss Mar 2023 $769.65 million $397...

DraftKings reaches agreement to acquire Golden Nugget Online Gaming in an all-stock transaction

BOSTON, MA, AND HOUSTON, TX - August 9, 2021-- DraftKings Inc. (Nasdaq: DKNG) and Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) today announced that they have entered into a definitive agreement fo...

DraftKings reports second quarter revenue of $298 million, Increases 2021 revenue guidance to $1.21 billion to $1.29 billion

DraftKings Inc. [DKNG] (“DraftKings” or the “Company”) today reported second quarter 2021 financial results. Second Quarter 2021 Highlights: For the three months ended June 30, 2021, DraftKings report...

DraftKings Inc. announces pricing of $1.1 Billion upsized offering of convertible senior notes

DraftKings Inc.[DKNG]  announced today that it priced a private offering of $1.1 billion aggregate principal amount of 0% Convertible Senior Notes due 2028 (the “Notes”). The Notes will only be sold t...

Draftkings reports fourth quarter and full-year 2020 results and raises 2021 revenue guidance

DraftKings Inc. [DKNG] (“DraftKings” or the “Company”) today reported fourth quarter and full-year 2020 financial results. Fourth Quarter 2020 Highlights  For the three months ended December 31, 2020,...

Financial Overview
Revenue 1,095,490 K
Operating Revenue -298,594 K
Profits -293,688 K
Net Cash -466,978 K
Management Effectiveness
Return on Equity -27.29%
Return on Assets -6.87%
Turnover Ratio 0.27 K
EBIT -298,594 K
Profit Ratios
Gross Margin 353,056 K
Operating Margin -27.26%
Profit as % of Revenues -120.21%
Profit as % of Assets -7.15%
Profit as % of Stockholder Equity -27.29%
Balance Sheet and Cash Flow Measures
Total Assets 4,272,976 K
Total Liabilities 3,196,860 K
Operating Cash Flow 92,578 K
Investing Cash Flow -488,184 K
Financing Cash Flow -71,372 K