User Experience & Functionality - Draftkings Predictions app is predicted to fail before gaining popularity [1] - The app lacks a clear order book [1] - The app blocks certain position types [1] - The app suffers from terrible illiquidity, awful fills, and high fees [1]

Regulatory Compliance - DraftKings launches standalone predictions app under CFTC oversight [1] Product Development - The company is expanding its offerings with a new predictions app [1]

New standalone mobile app applies DraftKings’ proven technology to event contracts, offering a streamlined experience and expanding the Company’s product portfolioBOSTON, Dec. 19, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (NASDAQ: DKNG) (“DraftKings” or the “Company”) today announced the launch of DraftKings Predictions, formally entering prediction markets under the oversight of the U.S. Commodity Futures Trading Commission (CFTC). DraftKings Predictions is a new standalone mobile app and web product that a ...

Brown Advisory, an investment management company, released its “Brown Advisory Mid-Cap Growth Strategy” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The strategy underperformed its benchmark, the Russell Midcap® Growth Index, in the third quarter of 2025, which increased approximately 3%.  In addition, please check the fund’s top five holdings to know its best picks in 2025. In its third-quarter 2025 investor letter, Brown Advisory Mid-Cap Growth Strategy highlighted st ...

Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025.Prediction markets could reach a trillion dollars in annual trading volume by the end of this decade, according to a new report from Eilers & Krejcik, a research firm that specializes in sports and interactive gaming sectors.  "Numerous factors, most notably legal and regulatory challenges, could delay or derail the growth of prediction markets," Eilers & Krejcik partner emeritus and strategic advisor Chris Grove told CNBC. "But the fun ...

I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing exposure to big winners. This means that often I'll rate great companies at a 'Hold' because their growth opportunity is below my threshold, or their d ...

Group 1 - Robinhood officially launched a themed event called "YES/NO" on December 16, which is seen as a significant upgrade to its prediction market business and a direct challenge to traditional betting giants like DraftKings and FanDuel, as well as existing platforms like Kalshi [1] - Bank of America warns that this technological shift by a major tech player like Robinhood could fundamentally alter customer acquisition costs and fee structures across the industry [1] - Robinhood's recent announcement of a joint venture with Susquehanna Investment Group aims to reduce its reliance on Kalshi, potentially posing a competitive threat to DraftKings and FanDuel [1] Group 2 - The competition among Robinhood, Kalshi, and Polymarket in event contract fees is intensifying as they vie for user attention against established sports betting apps like FanDuel and DraftKings, which offer recognizable bonuses and promotions [2] - Robinhood plans to acquire a 90% stake in the derivatives exchange MIAXdx by November 2025, aiming to create a new federally regulated derivatives and prediction market trading platform, with the deal expected to close in early 2026 [2] - This acquisition will enable Robinhood to establish a fully autonomous and vertically integrated trading ecosystem, eliminating third-party platform fees and leveraging "zero-fee" and strong liquidity advantages to mainstream event contracts for retail investors [2] Group 3 - The new exchange will be managed by a joint venture, with Robinhood as the controlling party and Susquehanna acting as the liquidity provider from day one, aiming to expand Robinhood's rapidly growing "prediction contract" business [3] - Unlike traditional fixed-odds betting, prediction markets offer real-time pricing based on peer-to-peer pricing, providing more betting options on events that traditional bookmakers cannot cover [3] - Robinhood's prediction market business has seen rapid growth, with 9 billion contracts traded and over 1 million users participating since its launch, contributing to an annualized revenue exceeding $100 million in less than a year [3]

DraftKings Inc. (NASDAQ:DKNG) ranks among the best sin stocks to buy in 2026. Citing DraftKings Inc. (NASDAQ:DKNG)’s recent performance in the New York market, Benchmark reaffirmed its Buy rating and $37 price target on the company’s shares on December 1. Through Week 12 of this season, New York’s sports betting industry has shown strong year-over-year growth, with handle up 12.7% and revenue up 16.2% when compared to the same period last year. Despite a somewhat weaker hold rate of 8.3% compared to the ...

Core Insights - DraftKings Inc. (DKNG) reported a 25% year-over-year increase in net revenues for Q3, marking the fastest growth since early 2024, highlighting the increasing importance of iGaming in the company's growth narrative [1][9] iGaming Performance - The company experienced significant improvements in both active customers and revenue per customer, driven by enhanced gross gaming revenue and better promotional strategies [2] - Ongoing product upgrades and content expansion contributed to the quarter's success, with a focus on innovative slot and jackpot development [3] - iGaming is seen as a more stable revenue source compared to the volatile sportsbook results, suggesting a potential second growth engine for the company [4] Competitive Landscape - Flutter Entertainment, parent of FanDuel, poses a significant competitive threat with its strong online casino presence and proprietary game development [5] - MGM Resorts International, through BetMGM, also represents a major competitor with a robust game library and established customer base [6] Financial Performance - DKNG shares have declined by 18.5% over the past three months, compared to a 9.5% decline in the industry [7] - The company is currently trading at a forward price-to-sales ratio of 2.41X, indicating a discount relative to industry peers [12]

Core Viewpoint - DraftKings is seen as a potential rebound investment for 2026, but its success will depend on the execution of prediction markets and achieving sustainable profitability [1]. Financial Performance - DraftKings stock has rallied 21% in the last month but is still down 8% year-to-date [1]. - The company faced downward revisions of its 2025 guidance due to bettors' success in football, which impacted financial results [4]. Prediction Markets - Prediction markets, particularly Kalshi, have created significant headline risk for DraftKings and its competitors in 2025, leading to a decrease in market capitalization [5]. - DraftKings plans to launch its DraftKings Predictions mobile app following its acquisition of Railbird Technologies, which could influence its stock performance in 2026 [7]. Competitive Landscape - DraftKings is entering the event contracts space, which may offer shorter payback periods and better margins compared to traditional sports wagering [9]. - The company aims to reduce customer acquisition costs in the event contracts market, potentially enhancing profitability [9]. Pricing Strategy - DraftKings must execute effectively in the prediction markets by offering competitive products compared to Kalshi [10]. - The company has been able to provide better odds than prediction markets during the NFL season, which could benefit its event contracts platform [12].