DraftKings Inc
NASDAQ:DKNG

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DraftKings Inc
NASDAQ:DKNG
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Price: 39.075 USD -3.16%
Market Cap: 19.1B USD
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DraftKings Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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DraftKings Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
DraftKings Inc
NASDAQ:DKNG
Revenue
$3.7B
CAGR 3-Years
81%
CAGR 5-Years
75%
CAGR 10-Years
N/A
Las Vegas Sands Corp
NYSE:LVS
Revenue
$11.3B
CAGR 3-Years
39%
CAGR 5-Years
-4%
CAGR 10-Years
-3%
MGM Resorts International
NYSE:MGM
Revenue
$17.3B
CAGR 3-Years
29%
CAGR 5-Years
6%
CAGR 10-Years
5%
Wynn Resorts Ltd
NASDAQ:WYNN
Revenue
$7.1B
CAGR 3-Years
28%
CAGR 5-Years
1%
CAGR 10-Years
2%
Churchill Downs Inc
NASDAQ:CHDN
Revenue
$2.7B
CAGR 3-Years
21%
CAGR 5-Years
16%
CAGR 10-Years
13%
Light & Wonder Inc
NASDAQ:LNW
Revenue
$3.2B
CAGR 3-Years
15%
CAGR 5-Years
-2%
CAGR 10-Years
7%
No Stocks Found

DraftKings Inc
Glance View

Market Cap
19.1B 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
47.661 USD
Undervaluation 18%
Intrinsic Value
Price

See Also

What is DraftKings Inc's Revenue?
Revenue
3.7B USD

Based on the financial report for Dec 31, 2023, DraftKings Inc's Revenue amounts to 3.7B USD.

What is DraftKings Inc's Revenue growth rate?
Revenue CAGR 5Y
75%

Over the last year, the Revenue growth was 64%. The average annual Revenue growth rates for DraftKings Inc have been 81% over the past three years , 75% over the past five years .

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