DraftKings Q2 2024 10-Q Filed
Ticker: DKNG · Form: 10-Q · Filed: 2024-08-02T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, gaming
TL;DR
**DKNG 10-Q is IN! Q2 numbers are here, check financials NOW.**
AI Summary
DraftKings Inc. filed its 10-Q for the period ending June 30, 2024. The filing details financial performance and operational updates for the second quarter. Key financial figures and business developments are presented, reflecting the company's ongoing activities in the gaming and sports entertainment sector.
Why It Matters
This filing provides investors and analysts with the latest financial health and operational performance of DraftKings, crucial for understanding its market position and future prospects.
Risk Assessment
Risk Level: medium — The company operates in a highly regulated and competitive industry, facing risks related to market expansion, technological changes, and consumer spending.
Key Players & Entities
- DraftKings Inc. (company) — Filer of the 10-Q
- 20240630 (date) — End of the reporting period
- 20240802 (date) — Filing date
- New Duke Holdco, Inc. (company) — Former company name
- 20210917 (date) — Date of name change
FAQ
What was DraftKings' fiscal year end?
DraftKings' fiscal year ends on December 31st.
What is the SEC file number for DraftKings?
The SEC file number for DraftKings is 001-41379.
What is the business address of DraftKings?
The business address is 222 Berkeley Street, Boston, MA 02116.
When did the company change its name from New Duke Holdco, Inc.?
The company changed its name on September 17, 2021.
What is the SIC code for DraftKings?
The Standard Industrial Classification code is 7990, for SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION.
From the Filing
0001883685-24-000032.txt : 20240802 0001883685-24-000032.hdr.sgml : 20240802 20240802071918 ACCESSION NUMBER: 0001883685-24-000032 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240802 DATE AS OF CHANGE: 20240802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DraftKings Inc. CENTRAL INDEX KEY: 0001883685 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41379 FILM NUMBER: 241168854 BUSINESS ADDRESS: STREET 1: 222 BERKELEY STREET CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: (617) 986-6744 MAIL ADDRESS: STREET 1: 222 BERKELEY STREET CITY: BOSTON STATE: MA ZIP: 02116 FORMER COMPANY: FORMER CONFORMED NAME: New Duke Holdco, Inc. DATE OF NAME CHANGE: 20210917 10-Q 1 dkng-20240630.htm 10-Q dkng-20240630 0001883685 false --12-31 2024 Q2 0.010543 http://www.diamondeagleacquisitioncorporation.com/20240630#DepositsAndOtherNoncurrentAssets http://www.diamondeagleacquisitioncorporation.com/20240630#DepositsAndOtherNoncurrentAssets P1Y P2Y P7Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares dkng:jurisdiction xbrli:pure utr:Y dkng:type dkng:patent dkng:claim 0001883685 2024-01-01 2024-06-30 0001883685 us-gaap:CommonClassAMember 2024-07-31 0001883685 us-gaap:CommonClassBMember 2024-07-31 0001883685 2024-06-30 0001883685 2023-12-31 0001883685 us-gaap:CommonClassAMember 2023-12-31 0001883685 us-gaap:CommonClassAMember 2024-06-30 0001883685 us-gaap:CommonClassBMember 2023-12-31 0001883685 us-gaap:CommonClassBMember 2024-06-30 0001883685 2024-04-01 2024-06-30 0001883685 2023-04-01 2023-06-30 0001883685 2023-01-01 2023-06-30 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-12-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-12-31 0001883685 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001883685 us-gaap:RetainedEarningsMember 2023-12-31 0001883685 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001883685 us-gaap:TreasuryStockCommonMember 2023-12-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-01-01 2024-03-31 0001883685 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001883685 2024-01-01 2024-03-31 0001883685 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001883685 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-03-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-03-31 0001883685 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001883685 us-gaap:RetainedEarningsMember 2024-03-31 0001883685 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001883685 us-gaap:TreasuryStockCommonMember 2024-03-31 0001883685 2024-03-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-04-01 2024-06-30 0001883685 us-gaap:AdditionalPaidInCapitalMember 2024-04-01 2024-06-30 0001883685 us-gaap:TreasuryStockCommonMember 2024-04-01 2024-06-30 0001883685 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2024-06-30 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2024-06-30 0001883685 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0001883685 us-gaap:RetainedEarningsMember 2024-06-30 0001883685 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0001883685 us-gaap:TreasuryStockCommonMember 2024-06-30 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-12-31 0001883685 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001883685 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001883685 us-gaap:RetainedEarningsMember 2022-12-31 0001883685 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001883685 us-gaap:TreasuryStockCommonM