27-Jul-2026
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DraftKings Set to Launch Online Sportsbook and Casino in Alberta on July 13
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Prediction Markets Enter Hyper-Growth Phase as Billions Flow into the Future of Forecasting
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DraftKings Launches Proprietary Exchange to Bolster Differentiated Predictions Experience
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DraftKings Announces Jason Robins' Participation in Upcoming Event
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DraftKings Announces Alan Ellingson's Participation in Upcoming Event
Business Wire (Thu, 14-May 9:00 AM ET)
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number-two or -three revenue share position across states where it competes. With its predictive market launch in 2025, DraftKings is now live with online or retail sports betting in most all states and i-gaming in five states, with both products available to around 40% of Canada's population. In 2025, sports revenue was 63% of total sales, i-gaming 30%, and fantasy and lottery 7%.
Draftkings - Class A trades on the NASDAQ stock market under the symbol DKNG.
As of July 27, 2026, DKNG stock price climbed to $24.11 with 9,472,949 million shares trading.
DKNG has a beta of 1.25, meaning it tends to be more sensitive to market movements. DKNG has a correlation of 0.10 to the broad based SPY ETF.
DKNG has a market cap of $11.95 billion. This is considered a Large Cap stock.
Last quarter Draftkings - Class A reported $2 billion in Revenue and $.20 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.04.
In the last 3 years, DKNG traded as high as $53.61 and as low as $20.46.
The top ETF exchange traded funds that DKNG belongs to (by Net Assets): VTI, VB, VBK, VXF, IWP.
DKNG has underperformed the market in the last year with a price return of -45.3% while the SPY ETF gained +17.7%. However, in the short term, DKNG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +4.0% vs +3.8% return in SPY. But in the last 2 weeks, DKNG shares have been beat by the market, returning -8.9% compared to an SPY return of -2.1%.
DKNG support price is $22.30 and resistance is $23.72 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DKNG shares will trade within this expected range on the day.