USD 21.75-3.20%close on 18 September 2026
DraftKings is a US online sports betting and iGaming operator, listed on Nasdaq. It began as a daily fantasy sports business before expanding into sportsbook and online casino after the 2018 repeal of PASPA. Full profile
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DraftKingsis one of 25 listed gambling companies in the iGT 25, iGaming Times’ market-cap-weighted index of the sector, and carries 8.40% of it at the last rebalance in the operator bucket. Since the index base date of 19 September 2025 the shares are -49.94% in USD. Consumer-facing sportsbooks, online casinos and land-based venues. Weights are market capitalisation in US dollars, capped at 15%, and recomputed every trading day; read the methodology.
New Jersey's total gaming revenue fell 4.1% to $615.7m as eight of nine casino floors lost ground and a late football calendar cut sports betting revenue to $61.4m. Online casino rose 4.4% to $259.3m but came off July's record, and for a second month the floor out-earned the internet. The summer as a whole was the resort's best in ten years.
The Giants, Jets and Bills all won and covered, the opening week tied the NFL's highest-scoring on record, and the state's eight mobile books kept $17.0m of $594.6m. Fanatics held 1.1%. Handle was up 12.7% on last year's opener in the same week prediction markets traded more than $3bn on a single Sunday.
Catherine Hanaway says sports contracts "fit four square the definition of gambling in Missouri", that they siphon money from sportsbooks that pay the state's tax, and that what she wants is an agreement putting the exchanges under Missouri gaming law and taxing them. If there is no agreement she will sue; she expects them to sue her first.
Two measures on the 3 November ballot would legalise online sports betting tethered to the state's racetracks at a 20% tax, with 70% of the state's take earmarked for property-tax relief that works out at between $5 and $16 a homeowner. The opposition is the most famous man in the state, a Huskers assistant coach quoting scripture, the state auditor and the treasurer. The initiative survived a signature-fraud inquiry to get there.
Fourteen months after the "Big Beautiful Bill" cut deductible losses to 90%, the Ways and Means Committee has attached the fix to a crypto tax bill and sent it to the floor. It still needs the House, the Senate and the President before 1 January, and the House is about to leave town.
The NFL, NBA, MLB, NHL and MLS and their players' unions have sent a joint memo to state gaming regulators asking for mandatory lifetime exclusions, a shared list and a single reporting channel. Five states already do something like it. The memo does not reach the bettors on prediction markets.
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