Granderson: Sports gambling is coming, and it'll be even worse than you think [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance
LeBron James' squad was swept by Denver in the last postseason, and L.A. hasn't beaten the Nuggets since December 2022, which is why the Lakers are serious underdogs according to the online gambling site DraftKings. Sound like a good bet? Or at least a fun one? That's the vibe DraftKings is going for. One of the site's recent promos features comedian Kevin Hart hawking “no sweat tokens” next to this claim: “Place a NBA SGP or SGPx bet today and get a bonus bet back if you lose!” That sounds as close to a win-win situation as any, regardless of whether you know anything about gambling or single-game parlays. It all comes across as harmless and fun. So did candy cigarettes. Read more: Granderson: Caitlin Clark is having a moment in women's basketball. She shouldn't be the only one Even after the surgeon general advised against smoking in 1964 , candy cigarettes were still on the market and tobacco companies were still lending their branding to candy companies. One government
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News
- How the US became hooked on sports betting – and the cost it's having on lives [CNN]CNN
- DraftKings (DKNG) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- DraftKings Raises Annual Sales Forecast, Citing Customer Growth [BNN Bloomberg (Canada)]BNN Bloomberg
- Amgen, DraftKings, Live Nation: Trending tickers [Yahoo! Finance]Yahoo! Finance
- Amgen, DraftKings, Live Nation: Trending tickers [Yahoo! Finance Canada]Yahoo! Finance Canada
DKNG
Earnings
- 5/2/24 - Beat
DKNG
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 4
- 5/2/24 - Form 4
- DKNG's page on the SEC website