DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 38.57 USD 0.6% Market Closed
Market Cap: 18.8B USD
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DraftKings Inc
Total Receivables

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
Total Receivables Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Total Receivables CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Total Receivables
$349.3m
CAGR 3-Years
67%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Total Receivables
$413m
CAGR 3-Years
35%
CAGR 5-Years
-11%
CAGR 10-Years
-12%
MGM Resorts International
NYSE:MGM
Total Receivables
$1.2B
CAGR 3-Years
17%
CAGR 5-Years
-2%
CAGR 10-Years
10%
Wynn Resorts Ltd
NASDAQ:WYNN
Total Receivables
$388.9m
CAGR 3-Years
21%
CAGR 5-Years
6%
CAGR 10-Years
7%
Churchill Downs Inc
NASDAQ:CHDN
Total Receivables
$93.2m
CAGR 3-Years
-4%
CAGR 5-Years
20%
CAGR 10-Years
10%
Light & Wonder Inc
NASDAQ:LNW
Total Receivables
$615m
CAGR 3-Years
12%
CAGR 5-Years
-7%
CAGR 10-Years
4%
No Stocks Found

DraftKings Inc
Glance View

Market Cap
18.8B USD
Industry
Hotels, Restaurants & Leisure
Economic Moat
Narrow

DraftKings Inc. emerges from the vibrant crossroads of innovation and entertainment, where the love for sports blends seamlessly with the excitement of digital gaming. Established in 2012, DraftKings was born from the vision of three Boston-based entrepreneurs who wanted to elevate the sports experience beyond passive viewing by introducing daily fantasy sports competitions. Rather than waiting until the end of a sports season, fans could now engage with their favorite leagues on a daily basis, crafting lineups and earning points based on real-player performances. This model tapped into a growing market of sports aficionados eager for deeper immersion and interaction with the games they love. Fast forward to today, DraftKings has evolved into a leading player in the digital sports entertainment and gaming industry. With the legalization of sports betting across various states in the U.S., DraftKings expanded its offerings to include online sports wagering. This move allows users to place bets on an array of sports events directly from their smartphones or computers, blending the strategy of prediction with the thrill of real-time outcomes. The company generates revenue primarily through the conversion of user wagers into income, augmented by its offerings of daily fantasy sports contests and access fees. Furthermore, with a robust platform capable of supporting intense real-time interaction, DraftKings captures a dynamic slice of the market that not only seeks entertainment but also the potential for monetizable engagement, thus carving out a unique niche in the sports gaming landscape.

DKNG Intrinsic Value
47.42 USD
Undervaluation 19%
Intrinsic Value
Price

See Also

What is DraftKings Inc's Total Receivables?
Total Receivables
349.3m USD

Based on the financial report for Dec 31, 2023, DraftKings Inc's Total Receivables amounts to 349.3m USD.

What is DraftKings Inc's Total Receivables growth rate?
Total Receivables CAGR 3Y
67%

Over the last year, the Total Receivables growth was 65%. The average annual Total Receivables growth rates for DraftKings Inc have been 67% over the past three years .

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