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Articles from DK Crown Holdings Inc.

DraftKings to Release Fourth Quarter and Full Year 2024 Results on February 13, 2025 and Host Conference Call on February 14, 2025
BOSTON, Jan. 23, 2025 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its fourth quarter and full year 2024 results after the close of market trading on Thursday, February 13, 2025.
By DK Crown Holdings Inc. · Via GlobeNewswire · January 23, 2025
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, Nov. 29, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · November 29, 2024
DraftKings Reports Third Quarter Revenue Growth of 39% to $1,095 Million; Introduces Fiscal Year 2025 Revenue Guidance of $6.2 Billion to $6.6 Billion and Reiterates Fiscal Year 2025 Adjusted EBITDA Guidance of $900 Million to $1.0 Billion
BOSTON, Nov. 07, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced results for the third quarter of 2024. The Company also posted a third quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.
By DK Crown Holdings Inc. · Via GlobeNewswire · November 7, 2024
DraftKings to Release Third Quarter 2024 Results on November 7, 2024 and Host Conference Call on November 8, 2024
BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024.
By DK Crown Holdings Inc. · Via GlobeNewswire · October 17, 2024
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, Sept. 04, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · September 4, 2024
DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization
Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion
By DK Crown Holdings Inc. · Via GlobeNewswire · August 2, 2024
DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization
Raises 2024 Revenue Guidance Midpoint to $5.15 Billion; Revises 2024 Adjusted EBITDA Guidance Midpoint from $500 Million to $380 Million; Continues to Expect 2025 Adjusted EBITDA in the Range of $900 Million to $1.0 Billion
By DK Crown Holdings Inc. · Via GlobeNewswire · August 1, 2024
DraftKings Plans to Launch Mobile Sports Betting in Washington D.C.
BOSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Today, DraftKings Inc. (Nasdaq: DKNG) announced its intention to launch its top-rated online sportsbook in Washington D.C., pending licensure and regulatory approvals. The expected arrival into the nation’s capital follows a market access agreement with D.C. United, which would pave the way for the digital sports entertainment and gaming company to operate in The District of Columbia. Once live, Washington D.C. would become the 29th jurisdiction in North America in which the DraftKings Sportsbook operates.
By DK Crown Holdings Inc. · Via GlobeNewswire · July 23, 2024
DraftKings to Release Second Quarter 2024 Results on August 1, 2024 and Host Conference Call on August 2, 2024
BOSTON, July 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2024 results after the close of market trading on Thursday, August 1, 2024.
By DK Crown Holdings Inc. · Via GlobeNewswire · July 15, 2024
DraftKings Completes Acquisition of Jackpocket
Unlocks Access to the U.S. Digital Lottery Industry and Significant Cross-Sell Capabilities
By DK Crown Holdings Inc. · Via GlobeNewswire · May 23, 2024
DraftKings Reports First Quarter Revenue Growth of 53% to $1,175 million; Raises 2024 Revenue Guidance Midpoint to $4.9 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $500 Million
BOSTON, May 02, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its first quarter 2024 financial results. The Company also posted a first quarter 2024 business update and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.
By DK Crown Holdings Inc. · Via GlobeNewswire · May 2, 2024
Lori Kalani to Join DraftKings as First Chief Responsible Gaming Officer
BOSTON, April 22, 2024 (GLOBE NEWSWIRE) -- DraftKings (Nasdaq: DKNG) announced today the appointment of Lori Kalani as Chief Responsible Gaming Officer reporting into DraftKings’ chief executive officer, Jason Robins. Kalani becomes DraftKings’ first Chief Responsible Gaming Officer committed to the continued elevation and integration of the company’s player safety and protection activities and initiatives across all facets of its platforms and player communities.
By DK Crown Holdings Inc. · Via GlobeNewswire · April 22, 2024
DraftKings to Release First Quarter 2024 Results on May 2, 2024 and Host Conference Call on May 3, 2024
BOSTON, April 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2024 results after the close of market trading on Thursday, May 2, 2024.
By DK Crown Holdings Inc. · Via GlobeNewswire · April 15, 2024
DraftKings and Kindbridge Behavioral Health Expand Program That Provides Treatment Resources for Individuals Experiencing Potential Indications of Problem Gaming
All 25 states where DraftKings operates online gaming now include program benefits for self-excluded players
By DK Crown Holdings Inc. · Via GlobeNewswire · March 21, 2024
DraftKings Announces Leadership Changes to Increase Focus on Operational Efficiencies
Jason Park to Become Chief Transformation Officer, Alan Ellingson to be Elevated to Chief Financial Officer
By DK Crown Holdings Inc. · Via GlobeNewswire · March 18, 2024
DraftKings Launches “My Stat Sheet” – A New Tool to Promote Responsible Gaming
New Feature Provides Customers with Access to Personalized Gaming Statistics and Insights
By DK Crown Holdings Inc. · Via GlobeNewswire · March 14, 2024
DraftKings Set to Launch Mobile Sports Betting in North Carolina on March 11
BOSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Today, DraftKings Inc. (Nasdaq: DKNG) announced plans to launch its top-rated online sportsbook in North Carolina on March 11, 2024. This announcement is the culmination of DraftKings’ continued work with stakeholders and regulators across North Carolina to offer fans a responsible form of sports betting. Earlier this year, DraftKings and NASCAR agreed to terms on a written designation agreement, paving the way for the digital sports entertainment and gaming company to operate in the state. Once live in North Carolina, DraftKings Sportsbook will be available in 27 U.S. states, in addition to Ontario, Canada.
By DK Crown Holdings Inc. · Via GlobeNewswire · March 7, 2024
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, March 06, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · March 6, 2024
DraftKings Reports Fourth Quarter Revenue of $1,231 Million; Raises 2024 Revenue Guidance Midpoint to $4.775 Billion and 2024 Adjusted EBITDA Guidance Midpoint to $460 Million
BOSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced its fourth quarter and fiscal year 2023 financial results. The Company also posted a letter to shareholders and an earnings presentation on the Investor Relations section of its website at investors.draftkings.com.
By DK Crown Holdings Inc. · Via GlobeNewswire · February 15, 2024
DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million
Transaction Expected to Drive $60 Million to $100 Million of Adjusted EBITDA in Fiscal Year 2026
By DK Crown Holdings Inc. · Via GlobeNewswire · February 15, 2024
DraftKings to Release Fourth Quarter and Full Year 2023 Results on February 15, 2024 and Host Conference Call on February 16, 2024
BOSTON, Jan. 26, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its fourth quarter and full year 2023 results after the close of market trading on Thursday, February 15, 2024.
By DK Crown Holdings Inc. · Via GlobeNewswire · January 26, 2024
DraftKings Set to Launch Top-Rated Online Sportsbook in Vermont on January 11
BOSTON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Today, DraftKings Inc. (Nasdaq: DKNG) announced plans to launch its top-rated online sportsbook in Vermont on January 11, 2024. Once live, Vermont will mark the 26th U.S. state, in addition to Ontario, Canada, in which DraftKings Sportsbook operates, further expanding the Boston-based operator’s presence to five of six New England states with its online sportsbook.
By DK Crown Holdings Inc. · Via GlobeNewswire · January 10, 2024
DraftKings Launches “Pick6”—A Peer-to-Peer Fantasy Sports Variant
New App and Web Product is Available Starting December 6th in Select States
By DK Crown Holdings Inc. · Via GlobeNewswire · December 6, 2023
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, Dec. 01, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and Co-founder, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · December 1, 2023
DraftKings Reports Third Quarter Revenue of $790 Million; Raises 2023 Revenue Guidance Midpoint to $3.695 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($105) Million
Introduces Fiscal Year 2024 Revenue Guidance of $4.5 Billion to $4.8 Billion and Fiscal Year 2024 Adjusted EBITDA Guidance of $350 Million to $450 Million
By DK Crown Holdings Inc. · Via GlobeNewswire · November 2, 2023
DraftKings Announces Plans to Launch Online Sportsbook in Maine Through Deal with Passamaquoddy Tribe
BOSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Today, DraftKings Inc. (Nasdaq: DKNG) announced it has reached an agreement in principle, subject to licensing and regulatory approvals, with the Passamaquoddy Tribe paving the way for the launch of its online sportsbook in Maine.
By DK Crown Holdings Inc. · Via GlobeNewswire · October 31, 2023
DraftKings to Host Virtual Investor Day
BOSTON, Oct. 24, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced it will host a virtual Investor Day on Tuesday, November 14, 2023, beginning at 10:00 a.m. ET. The event is expected to last approximately two hours.
By DK Crown Holdings Inc. · Via GlobeNewswire · October 24, 2023
DraftKings to Release Third Quarter 2023 Results on November 2, 2023 and Host Conference Call on November 3, 2023
BOSTON, Oct. 13, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2023 results after the close of market trading on Thursday, November 2, 2023.
By DK Crown Holdings Inc. · Via GlobeNewswire · October 13, 2023
DraftKings Announces Jason Robins’ Participation at Upcoming Event
BOSTON, Oct. 09, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s Chief Executive Officer and co-founder, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · October 9, 2023
DraftKings to Launch Online Sportsbook in Kentucky on September 28
Ceremonial First Bet Celebration to Include Kentucky Sports Radio Host Matt Jones
By DK Crown Holdings Inc. · Via GlobeNewswire · September 27, 2023
DraftKings Announces Jason Park’s Participation in Upcoming Event
BOSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Park, the Company’s Chief Financial Officer, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · September 6, 2023
DraftKings Announces Jason Park’s Participation in Upcoming Event
BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Park, the Company’s Chief Financial Officer, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · August 8, 2023
DraftKings Delivers Positive Adjusted EBITDA in Second Quarter; Reports Revenue of $875 Million; Raises 2023 Revenue Guidance Midpoint by $315 Million to $3.5 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint by $110 Million to ($205) Million
Expects to Generate $150 Million to $175 Million of Adjusted EBITDA in the Fourth Quarter of 2023
By DK Crown Holdings Inc. · Via GlobeNewswire · August 3, 2023
DraftKings to Release Second Quarter 2023 Results on August 3, 2023 and Host Conference Call on August 4, 2023
BOSTON, July 14, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its second quarter 2023 results after the close of market trading on Thursday, August 3, 2023.
By DK Crown Holdings Inc. · Via GlobeNewswire · July 14, 2023
DraftKings No Longer Pursuing Acquisition of PointsBet’s U.S. Business
BOSTON, June 28, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) today announced that the company is no longer pursuing the acquisition of the U.S. business of PointsBet Holdings Ltd. (“PointsBet”). The company thanks PointsBet for their time and access over recent weeks.
By DK Crown Holdings Inc. · Via GlobeNewswire · June 28, 2023
DraftKings Submits Superior Proposal to Acquire PointsBet’s U.S. Business
Company Reiterates Expectation of Positive 2024 Adjusted EBITDA; Projects Acquisition Will Generate Incremental Adjusted EBITDA in 2025 If Completed
By DK Crown Holdings Inc. · Via GlobeNewswire · June 16, 2023
DraftKings Announces Jason Robins’ and Jason Park’s Participation in Upcoming Events
BOSTON, May 15, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that:
By DK Crown Holdings Inc. · Via GlobeNewswire · May 15, 2023
DraftKings Reports First Quarter Revenue of $770 Million; Raises 2023 Revenue Guidance Midpoint to $3.185 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($315) Million
Expects to be Approximately Breakeven on an Adjusted EBITDA Basis in the Second Quarter of 2023
By DK Crown Holdings Inc. · Via GlobeNewswire · May 4, 2023
DraftKings to Release First Quarter 2023 Results on May 4, 2023 and Host Conference Call on May 5, 2023
BOSTON, April 14, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its first quarter 2023 results after the close of market trading on Thursday, May 4, 2023.
By DK Crown Holdings Inc. · Via GlobeNewswire · April 14, 2023
DraftKings Launches DK Horse App
Standalone Horse Racing App Debuts in 12 States Ahead of Derby Week
By DK Crown Holdings Inc. · Via GlobeNewswire · March 29, 2023
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, March 13, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s co-founder, Chief Executive Officer and Chairman of the Board, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · March 13, 2023
DraftKings Announces Jason Robins’ Participation in Upcoming Event
BOSTON, March 07, 2023 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced that Jason Robins, the Company’s co-founder, Chief Executive Officer and Chairman of the Board, will participate in the following event:
By DK Crown Holdings Inc. · Via GlobeNewswire · March 7, 2023
DraftKings Set to Launch Online Sportsbook in Home State of Massachusetts on March 10
Plans for Launch in the Commonwealth Include Ceremonial Bet Celebration, Boston Sports Watch Parties and More
By DK Crown Holdings Inc. · Via GlobeNewswire · March 7, 2023
DraftKings Reports Fourth Quarter Revenue of $855 Million; Raises 2023 Revenue Guidance Midpoint to $2.95 Billion and Improves 2023 Adjusted EBITDA Guidance Midpoint to ($400) Million
Expects to Exit Fiscal Year 2023 with More Than $700 Million in Cash and Generate Positive Adjusted EBITDA in Fiscal Year 2024
By DK Crown Holdings Inc. · Via GlobeNewswire · February 16, 2023