DraftKings Inc. (NASDAQ:DKNG) is among the best Robinhood shares to purchase proper now. On August 15, 2025, DraftKings Inc. introduced that it has acquired a direct cell sports activities betting license from the Missouri Gaming Fee, enabling unbiased statewide operations with out ties to casinos or sports activities groups.
Courtesy of Draftkings
The corporate, which has posted a 25.8% income improve over the previous 12 months and a 28% rise in inventory worth, plans to launch its sportsbook in Missouri on December 1, pending ultimate approvals. This marks one in all solely two direct cell licenses issued within the state.
As soon as stay, Missouri will turn out to be the twenty ninth U.S. state the place DraftKings affords regulated sports activities betting, alongside Washington D.C. and Ontario, Canada. Identified for its accountable gaming instruments like My Stat Sheet and My Funds Builder, DraftKings additionally helps group initiatives, together with a current donation to the St. Louis Twister Response Fund. Headquartered in Boston, the corporate companions with main sports activities leagues such because the NFL, NHL, and UFC, and continues increasing its footprint in digital gaming and fantasy sports activities.
DraftKings Inc. (NASDAQ:DKNG) is a digital sports activities leisure and gaming firm. It affords on-line sports activities betting, each day fantasy sports activities, media, digital lottery courier providers, and different merchandise, in addition to retail sportsbooks. The corporate additionally offers iGaming and on-line on line casino merchandise.
Whereas we acknowledge the potential of DKNG as an funding, we imagine sure AI shares provide higher upside potential and carry much less draw back threat. If you happen to’re searching for an especially undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
READ NEXT: 13 Finest Lengthy-Time period Shares to Spend money on In keeping with Warren Buffett and 12 Finest Mid-Cap Worth Shares to Purchase Proper Now.
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