DraftKings to Shrink Deals With Leagues and Teams, CEO Says
DraftKings will continue to scale back on its partnerships with sports teams and leagues, CEO Jason Robins said Friday, calling it an inefficient part of the company’s…
Jason Robins
DraftKings Shares Jump in Late Trading After Revenue, Earnings Beat
DraftKings shares rose as much as 8% in late trading Thursday after the sports gambling company released fourth quarter numbers that outpaced expectations and improved…
DraftKings Shares Dip 21% After Q3 Earnings Reported
DraftKings shares fell as much as 21% in Friday morning trading after the company reported third quarter earnings. In what’s become a trend for the Boston-based…
DraftKings Shares Jump on Revenue Beat, Revised Guidance
DraftKings shares jumped in trading on Friday after the company reported second quarter earnings that exceeded analyst estimates, including a revised projection of…
Arctos, Kraft, Rubin Among Heavy Hitters in $35M Jackpot Raise
Online lottery platform Jackpot has raised $35 million from a powerful list of sports owners, athletes and investors. The Series A was co-led by Courtside Ventures, the…
DraftKings Sees Strong Results, Raises Projections Despite Stock Jitters
DraftKings founder and CEO Jason Robins says the strength in sports betting is continuing unabated, as increasing revenue and better cost controls have the company…
DraftKings CEO Talks New York Tax and the ‘Kind of Players We Want’
On Tuesday, DraftKings CEO Jason Robins spoke at a gaming summit hosted by Canaccord Genuity. Touching on a series of topics concerning his company (Nasdaq: DKNG)…
DraftKings Reports Mixed Q3 Earnings as Gamblers Beat the Odds
DraftKings shares are relatively flat Friday afternoon, after the gaming company released mixed third quarter earnings. One of the more interesting aspects of the…
Sporticast: DraftKings CEO Using Amazon Playbook for Growth
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams are joined by DraftKings CEO Jason Robins to discuss the company’s rapid growth, and what…
DraftKings Sale Rewards Early Believers Like Raine Group With Huge Profits
When venture capital funds began investing in DraftKings shortly after its founding in 2012, it wasn’t clear that founder Jason Robins’ idea was legal, much less…
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