Tuesday, May 12, 2020 3:37:58 PM
DraftKings is now a public company beholden to it's shareholders. I am sure they have counsel on staff. Being in the gambling industry they probably come under increased scrutiny.
It is a complex business with each state's different laws.
They have had some issues and lapses in controls previously ( see ZOOM ). They must have learned from these lessons.
$28 X 333,000,000 investor's position $9,300,000,000. So, the stakes are very high.
Now, what I want to know is how important is it to DraftKings to play by the rules and adhere to the laws governing online gambling and SEC conduct as a public company?
Recent DKNG News
- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 11/12/2024 04:44:24 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2024 12:03:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/08/2024 11:45:21 AM
- 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 • GlobeNewswire Inc. • 11/07/2024 09:15:00 PM
- U.S. Futures Rise as Investors Await Fed Rate Decision; Oil Prices Drop • IH Market News • 11/07/2024 11:19:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 11/02/2024 01:56:02 AM
- DraftKings to Release Third Quarter 2024 Results on November 7, 2024 and Host Conference Call on November 8, 2024 • GlobeNewswire Inc. • 10/17/2024 08:15:00 PM
- Microsoft Boosts Share Buyback, Raises Dividends by 10%, Intel Secures Chip Deal with Amazon • IH Market News • 09/17/2024 10:40:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/05/2024 12:33:02 AM
- DraftKings Announces Jason Robins’ Participation in Upcoming Event • GlobeNewswire Inc. • 09/04/2024 08:30:00 PM
- Big Lots Falls 27%, Considers Bankruptcy; DraftKings Acquires Simplebet, Berkshire Hits $1 Trillion • IH Market News • 08/29/2024 10:06:50 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/28/2024 12:01:15 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2024 11:36:05 AM
- UBS Beats Earnings Forecasts, Intel Divests Arm Holdings, Flutter Surges 9% in Premarket Trading, and More • IH Market News • 08/14/2024 09:56:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/03/2024 12:01:28 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/02/2024 11:19:18 AM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/02/2024 11:06:14 AM
- DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization • GlobeNewswire Inc. • 08/02/2024 11:00:00 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 08:18:29 PM
- DraftKings Reports Second Quarter Revenue Growth of 26% to $1,104 Million; Announces $1.0 Billion Inaugural Share Repurchase Authorization • GlobeNewswire Inc. • 08/01/2024 08:15:00 PM
- Apple Delays AI Features, Abbott Shares Plunge 7% After $495M Fine, Philips Soars 10% • IH Market News • 07/29/2024 10:24:10 AM
- DraftKings Plans to Launch Mobile Sports Betting in Washington D.C. • GlobeNewswire Inc. • 07/23/2024 11:30:00 AM
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One World Products Sets New Standards in Sustainability With Strategic Hemp Innovations • OWPC • Nov 18, 2024 7:54 AM
Kona Gold Beverage, Inc. Updates Multi-Million Dollar Merger and Posts Over $1.2 Million in Q3 Revenues • KGKG • Nov 15, 2024 10:36 AM
HealthLynked Corp. Announces Third Quarter and Year-to-Date 2024 Results with Strategic Restructuring, Third-Party Debt Repayment, and Core Technology Focus • HLYK • Nov 15, 2024 8:00 AM
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM