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DKNG / DraftKings stock falls after report cites cases of unauthorized account withdrawals

Shares of DraftKings Inc. DKNG, -6.58% were off 8% in afternoon trading Monday after an Action Network report highlighted customer stories of weekend instances in which they said money left their accounts without their permission. In one reported instance, a customer saw a series of unauthorized withdrawals from the bank card that he uses for his deposits, while in another, a customer saw a withdrawal from his DraftKings account that he didn't authorize. Read More

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Posted: Nov 21 2022, 14:03

Author Name: Market Watch

DKNG News

By CNBC
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Sports betting, online casino boom fuels big DraftKings revenue gains as rivals vie for market share

The proliferation of online sports betting and casino gaming across the U.S. has led to record revenue for sportsbook companies such as DraftKings an

By Market Watch
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DraftKings could parlay momentum into even bigger stock gains, analysts say

Those who bet on DraftKings Inc.'s stock have won big this year, and analysts see more big gains ahead.

By Seeking Alpha
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DraftKings Inc. (DKNG) Q3 2023 Earnings Call Transcript

DraftKings Inc. (NASDAQ:DKNG ) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Stanton Dodge - Chief Legal Officer J

By Investopedia
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DraftKings Shares Soar After Reporting a Jump in Users and Revenue

DraftKings (DKNG) shares jumped over 11% in early trading Friday after reporting revenue soared as it posted a big jump in users, and the online betti

By PYMNTS
November 3, 2023

DraftKings' Customer-Centric Strategy Avoids Mention of Any Specific Digital Innovations

It's football season, and that is good news for sports betting company DraftKings. The gaming platform's third quarter 2023 earnings results saw a 57%

By Invezz
November 3, 2023

DraftKings maintains bullishness after upgraded results as attention shifts to key level

DraftKings Inc. (NASDAQ:DKNG) rose 6% in premarket on Friday after positive stock market news. The stock was boosted by a reported $790 million or £6

By Proactive Investors
November 3, 2023

Flutter boosted by peformance of US rival DraftKings

UK-based betting operator Flutter Entertainment was up 2.5%, following strong results overnight in the US from rival DraftKings. Shares in the sports

By Barrons
November 3, 2023

DraftKings Stock Is Climbing. Analysts Like Its Growth Story.

DraftKings raises its 2023 revenue guidance.

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