'It's way out of line': With ad spending up 1,000%, sports betting firms entice kids [USA TODAY]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: USA TODAY
Smoove is yukking it up with the Manning brothers in a slickly produced ad for Caesars Sportsbook's online app. Flip to a Yankees' playoff game and comedian Kevin Hart is pitching for DraftKings - "official sports betting partner" of Major League Baseball. Listen to your favorite analysts dissect the game? The podcast starts with a spot for BetMGM. Reliving the highlights on YouTube? Prepare for more betting ads. Four years after New Jersey helped unleash sports betting across the nation, advertising for online gaming is seemingly ubiquitous, with the industry's marketing budget up almost 1,000%. That's generated millions for state coffers, but gambling experts see a darker side: a surge in betting among children and young adults, with smartphones making it easier than ever to place wagers - and lose big. "I've gotten many calls, especially during the start of the NFL season," said Kevin Hackett, a Bergen (New Jersey) County therapist who specializes in substance abuse and gam
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DKNG
Earnings
- 2/15/24 - Beat
DKNG
Sec Filings
- 4/22/24 - Form 144
- 4/16/24 - Form PX14A6G
- 4/3/24 - Form 4
- DKNG's page on the SEC website