DKNG, NasdaqGS

DraftKings Inc. (DKNG)

Price (as of September 5)

15.49USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

ACEL

Accel Entertainment, Inc.

-0.05

AGS

PlayAGS, Inc.

-0.03

GAMB

Gambling.com Group Limited

-0.02

CPHC

Canterbury Park Holding Corporation

-0.01

ELYS

Elys Game Technology, Corp.

0.01

GMBLP

Esports Entertainment Group, Inc.

0.01

GAN

GAN Limited

0.02

EBET

EBET, Inc.

0.04

ENT.L

Entain Plc

0.07

FLTR.L

Flutter Entertainment plc

0.08

Show more

Highest within Industry

Symbol Correlation

GMBLZ

Esports Entertainment Group, Inc.

0.09

FLTR.L

Flutter Entertainment plc

0.08

ENT.L

Entain Plc

0.07

EBET

EBET, Inc.

0.04

GAN

GAN Limited

0.02

GMBLP

Esports Entertainment Group, Inc.

0.01

ELYS

Elys Game Technology, Corp.

0.01

CPHC

Canterbury Park Holding Corporation

-0.01

GAMB

Gambling.com Group Limited

-0.02

AGS

PlayAGS, Inc.

-0.03

Show more

Profile

Sector:
Consumer Cyclical
Industry:
Gambling

DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company’s daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.