Core Insights - DraftKings Inc. has appointed Gregory W. Wendt as an independent director on its Board, effective October 24, 2025, following a recommendation from the Nominating and Corporate Governance Committee [1] - Wendt brings extensive experience in investment management and a strong understanding of the gaming sector, having recently retired as a Partner at Capital Group Companies after a 37-year career [2] - Wendt expressed enthusiasm about joining DraftKings at a pivotal time, highlighting the company's innovative approach to fan engagement and sustainable growth [3] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company, founded in 2012, with a mission to create engaging real-money games and betting experiences [4] - The company operates in 28 states, Washington, D.C., and Ontario, Canada, offering mobile and retail sports betting, iGaming, and daily fantasy sports [4] - DraftKings is an official partner of major sports leagues, including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, and also owns Jackpocket, a leading digital lottery courier app in the U.S. [4]

Group 1 - DraftKings Inc. will release its third quarter 2025 results after market close on November 6, 2025 [1] - A conference call and audio webcast will be held on November 7, 2025, at 8:30 a.m. ET to discuss the results and business performance [2] - The audio webcast will be available on the investor relations website until December 31, 2025 [2] Group 2 - DraftKings is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston [3] - The company offers products in daily fantasy, regulated gaming, and digital media, operating in 28 states, Washington, D.C., and Ontario, Canada for sports betting [3] - DraftKings also operates iGaming in five states and Ontario, and owns Jackpocket, a leading digital lottery courier app in the U.S. [3] - The company is an official partner of major sports leagues including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3] - DraftKings is committed to responsible gaming and provides educational resources for players [3]

Core Insights - DraftKings has announced the acquisition of Railbird Technologies Inc. and its subsidiary, Railbird Exchange, to enhance its capabilities in prediction markets and regulated event contracts [1][2] - The acquisition is expected to provide DraftKings with proprietary technology and a skilled team, positioning the company for future growth and product differentiation in the prediction market space [1][3] Company Strategy - The acquisition aligns with DraftKings' broader strategy to enter prediction markets, expanding its addressable market and enhancing its product offerings [1][2] - DraftKings plans to launch a new mobile application, DraftKings Predictions, which will allow users to trade regulated event contracts across various sectors, including finance, culture, and entertainment [2][3] Market Position - The CEO of DraftKings expressed confidence that the combination of Railbird's platform and DraftKings' established brand and expertise will create significant opportunities in the prediction market [2][3] - The new mobile application is expected to debut in the coming months, further solidifying DraftKings' position in the digital sports entertainment and gaming industry [3]

Core Points - DraftKings Inc. is collaborating with The Larry Fitzgerald Foundation for the Pink 'Em campaign, aiming to raise $100,000 for breast cancer awareness this October [1][2] - The Pink 'Em campaign has raised over $600,000 since its inception seven years ago, utilizing free-to-play pick 'em pools during NFL games [1][2] - The campaign will run from Weeks 5 to 8 of the NFL season, with DraftKings donating $1 per entry for the first 20,000 free entries each week to support breast cancer health services [2][3] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, offering products in daily fantasy, regulated gaming, and digital media [4] - The company operates in 28 states and Washington, D.C., with mobile and retail sports betting, and has iGaming operations in five states and Ontario, Canada [4] - DraftKings is an official partner of major sports leagues including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB, and also owns Jackpocket, a leading digital lottery courier app [4]

Core Insights - DraftKings Inc. has entered into a multi-year advertising agreement with NBCUniversal, enhancing its presence in sports broadcasting through exclusive integrations and digital sponsorships across NBCUniversal's sports properties [1][2] - The deal includes major sports events such as the Super Bowl LX, NBA All-Star Weekend, and the 2026 FIFA Men's World Cup, providing DraftKings with access to a vast audience of sports fans [2][3] - This partnership aims to enhance the customer experience by integrating DraftKings' live betting capabilities with NBCUniversal's extensive sports content, thereby transforming viewer engagement [2][3] Company Overview - DraftKings is a digital sports entertainment and gaming company that offers products in daily fantasy, regulated gaming, and digital media, headquartered in Boston and launched in 2012 [4] - The company operates sports betting in 28 states and Ontario, Canada, and has a presence in iGaming and daily fantasy sports across multiple jurisdictions [4] - DraftKings is recognized as an official partner of major sports leagues, including the NFL, NHL, and NBA, and operates the DraftKings Network, a multi-platform content ecosystem [4]

Core Insights - DraftKings Inc. is launching a monthlong campaign for Responsible Gaming Education Month (RGEM) to promote responsible gaming through a sweepstakes offering NFL tickets and a trip to Super Bowl LX [1][2] - The campaign encourages customer engagement with responsible gaming tools like My Budget Builder and My Stat Sheet, aiming to foster a more informed gaming culture [2][4] Group 1: Campaign Details - The sweepstakes will run from August 26 to September 8, allowing customers to win NFL regular season tickets by using My Budget Builder [2] - Each week will introduce new responsible gaming engagement methods, with additional ticket giveaways and a grand prize trip to Super Bowl LX for using My Stat Sheet [2][3] Group 2: Tool Highlights - My Budget Builder, launched in June 2025, builds on the success of My Stat Sheet, which has been utilized by approximately 3.4 million customers to track their gaming activity [3] - DraftKings emphasizes the integration of responsible gaming tools throughout the customer journey, reinforcing its commitment to responsible play [4] Group 3: Company Commitment - DraftKings is dedicated to providing a fun and responsible gaming experience, sharing a new Code of Responsible Play with customers to promote responsible behavior [4] - The company aims to maintain responsible gaming as a core aspect of its product design and long-term strategy as it continues to grow [4][6]

Core Insights - DraftKings Inc. has received a direct mobile sports betting license from the Missouri Gaming Commission, allowing the company to operate independently in Missouri without needing to affiliate with a land-based casino or professional sports team [1][2] - The online sportsbook is expected to launch on December 1, 2025, pending final regulatory approvals, making Missouri the 29th U.S. state where DraftKings offers regulated sports betting [2] Company Operations - DraftKings aims to enhance the sports experience for fans in Missouri, which has a strong presence of professional teams and passionate fanbases [2] - The company operates regulated sports betting in 28 states, Washington D.C., and Ontario, Canada, and has a proven track record in regulated markets [4][7] Responsible Gaming Initiatives - DraftKings is committed to providing a responsible gaming environment, offering tools such as My Stat Sheet and My Budget Builder to help customers monitor their gaming activity and set limits [3][7] - The company supports communities through its S.E.R.V.E.S. program, which includes charitable donations, such as a contribution to the St. Louis Tornado Response Fund [5] Company Background - DraftKings was founded in 2012 and is headquartered in Boston, offering a range of products including daily fantasy sports, regulated gaming, and digital media [7] - The company is an official partner of major sports leagues, including the NFL, NHL, and NBA, and operates under its DraftKings brand as well as the Golden Nugget Online Gaming brand [7]

Core Insights - DraftKings achieved record revenue, net income, and Adjusted EBITDA in Q2 2025, with a revenue increase of 37% year-over-year to $1,513 million [2][3] - The company maintains its fiscal year 2025 revenue guidance of $6.2 billion to $6.4 billion, expecting to be closer to the high end of this range [6][12] Financial Performance - Revenue for Q2 2025 was $1,513 million, up from $1,104 million in Q2 2024, marking a $408 million increase [2][15] - Net income for Q2 2025 was $158 million, compared to $64 million in Q2 2024, reflecting a significant improvement [15][18] - Adjusted EBITDA reached $301 million in Q2 2025, compared to $128 million in Q2 2024 [18][30] Customer Metrics - Monthly Unique Payers (MUPs) increased to 3.3 million in Q2 2025, a 6% rise from Q2 2024 [6][12] - Average Revenue per MUP (ARPMUP) rose to $151, representing a 29% increase year-over-year [6][12] Strategic Initiatives - The company repurchased 6.5 million shares in the first two quarters of 2025 as part of its stock repurchase program [3] - DraftKings is preparing for the launch of mobile sports betting in Missouri, which is expected to contribute positively to future revenue [12][39] Market Presence - DraftKings operates mobile sports betting in 25 states and Washington, D.C., covering approximately 49% of the U.S. population [12] - The company is also live with iGaming in 5 states, representing about 11% of the U.S. population [12]

Core Points - DraftKings Inc. will release its second quarter 2025 results on August 6, 2025, after market close [1] - A conference call and audio webcast will be held on August 7, 2025, at 8:30 a.m. ET to discuss the results and business performance [2] Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company, established in 2012, and is headquartered in Boston [3] - The company operates as a vertically integrated sports betting operator in the U.S., with mobile and retail sports betting in 28 states, Washington, D.C., and Ontario, Canada [3] - DraftKings also offers iGaming in five states and Ontario, and owns Jackpocket, a leading digital lottery app in the U.S. [3] - The daily fantasy sports product is available in 44 states and certain Canadian provinces [3] - DraftKings has partnerships with major sports leagues, including the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3] - The company is committed to responsible gaming and provides educational resources for players [3]

Core Viewpoint - DraftKings Inc. will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois starting September 1, 2025, in response to recent tax increases on sports wagering by the Illinois state legislature [1][2]. Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, and operates as the only U.S.-based vertically integrated sports betting operator [3]. - The company offers a range of products including daily fantasy sports, regulated gaming, and digital media, and is operational in 28 states, Washington, D.C., and Ontario, Canada [3]. - DraftKings is committed to responsible gaming and has partnerships with major sports leagues such as the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3]. Industry Context - The Illinois state legislature has more than tripled the tax rate on sports wagering over the past two years, raising concerns about the impact on the legal, regulated industry and potentially fueling the illegal gaming market [2]. - DraftKings emphasizes the importance of collaborative policymaking to ensure the long-term sustainability of the sports betting industry in Illinois [2].