Companies / DKNG
NASDAQDraftKings (DKNG) in our theses
DraftKings appears in one of our theses. Below is why it entered the basket and how it has done since publication.
Kalshi's sports bets never paid the league data toll, and the Ninth Circuit just rebuilt the toll booth
A court win for the states pushes sports wagering back into licensed books, where every bet pays an official data fee prediction markets never owed.
Why this company: The largest US licensed sportsbook by state footprint. Any state that pushes event contracts out of its market hands that activity back to operators already licensed there, with high incremental margin.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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