He got hooked on gambling at age 11. By college he was betting 15 hours a day. [MSNBC.com]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: MSNBC.com
Hooked at age 11When Malek decided to share his story, he initially focused on high schoolers — but he's now increasingly booked for middle schools.Kurt Freudenberg was just 11 when he started gambling,trading valuable “skins”“It felt like a high, an extreme rush,” said Freudenberg, who is now 23. “I would play soccer and score a goal or get an A on a test — nothing compared to that high on gambling.”By high school, Freudenberg expanded into sports betting on NBA and NFL games and offshore casinos that only accepted cryptocurrency, winning as much as $5,000 on a single bet — which he immediately plowed back into more gambling. “If I had a bad day I’d gamble. If I had a good day I’d gamble,” he said. “Gambling was my best friend.” The only difference: By high school, his classmates were all doing it, too.Freudenberg's parents had no idea what was happening until he went off to college. By then he was gambling in his dorm 15 hours a day. He stopped showering, brushing his teeth or going
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News
- Business Of Betting Podcast, Episode 283: AGA Advisor Chris Christie On Prediction Markets, Sports Betting, ‘Sopranos,' And Trump [Yahoo! Finance]Yahoo! Finance
- Pennsylvania Sportsbooks Enjoy February Without Eagles [Yahoo! Finance]Yahoo! Finance
- 'It felt like a high': The teens hooked on sports betting apps [MSNBC.com]MSNBC.com
- Oddsmaker goes beyond brackets, discusses popular betting trends and upset wagers for March Madness [FOX News]FOX News
- Michigan February Online Casino Revenue Leaps 22.7% Year-Over-Year, To $273M [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 2/12/26 - Beat
DKNG
Sec Filings
- 3/16/26 - Form 4
- 3/13/26 - Form 144
- 3/12/26 - Form 4
- DKNG's page on the SEC website