DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 43.06 USD 0.14% Market Closed
Market Cap: 20.9B USD
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DraftKings Inc
Retained Earnings

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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DraftKings Inc
Retained Earnings Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Retained Earnings CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Retained Earnings
-$5.9B
CAGR 3-Years
-39%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Retained Earnings
$3.3B
CAGR 3-Years
N/A
CAGR 5-Years
1%
CAGR 10-Years
2%
MGM Resorts International
NYSE:MGM
Retained Earnings
$3B
CAGR 3-Years
-10%
CAGR 5-Years
6%
CAGR 10-Years
29%
Wynn Resorts Ltd
NASDAQ:WYNN
Retained Earnings
-$1.9B
CAGR 3-Years
3%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Churchill Downs Inc
NASDAQ:CHDN
Retained Earnings
$1.1B
CAGR 3-Years
48%
CAGR 5-Years
15%
CAGR 10-Years
9%
Light & Wonder Inc
NASDAQ:LNW
Retained Earnings
$908m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

DraftKings Inc
Glance View

Market Cap
20.9B USD
Industry
Hotels, Restaurants & Leisure

DraftKings Inc. has emerged as a pioneering force in the rapidly expanding world of sports betting and online gaming. Founded in 2012, the company initially gained recognition as a leader in daily fantasy sports, providing an innovative platform where users could participate in short-term contests across a wide range of sports. The company rapidly transitioned to sports betting following the legalization of such activities in several U.S. states, positioning itself as one of the prominent players in this competitive landscape. With a user-friendly app and a robust marketing strategy, DraftKings has successfully built a loyal customer base, offering not just betting options but also a comprehensive gaming experience, including online casino games and an integrated sports betting ecosystem. For investors, DraftKings represents a unique opportunity to tap into the burgeoning online gaming market, which is projected to continue its upward trajectory as more states legalize sports betting. With a commitment to innovation, the company has invested heavily in technology and customer experience, enhancing its platform's functionality and expanding its offerings. DraftKings' strategic partnerships and comprehensive marketing campaigns have bolstered its visibility and brand reputation. As the company aims for profitability amid a growth-focused business model, its ability to capture market share and adjust to regulatory changes will be crucial. With a forward-looking approach and a track record of navigating the complexities of the sports betting arena, DraftKings stands out as a compelling option for investors seeking exposure to this dynamic and high-potential industry.

DKNG Intrinsic Value
42.88 USD
Fairly Valued
Intrinsic Value
Price

See Also

What is DraftKings Inc's Retained Earnings?
Retained Earnings
-5.9B USD

Based on the financial report for Dec 31, 2023, DraftKings Inc's Retained Earnings amounts to -5.9B USD.

What is DraftKings Inc's Retained Earnings growth rate?
Retained Earnings CAGR 3Y
-39%

Over the last year, the Retained Earnings growth was -16%. The average annual Retained Earnings growth rates for DraftKings Inc have been -39% over the past three years .

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