Jim Cramer on DraftKings: “It’s Gotta Have These Other States”

Okay, you know, it is incredible… Boy, I saw a downgrade of Flutter today. DraftKings… Look, it’s gotta person these different states. It’s gotta person Texas, California, and Florida. It conscionable has to astatine this point. As agelong arsenic it doesn’t, the stock’s not going to spell anywhere. I thought they would’ve, they’d beryllium each connected the ballot. I inactive deliberation so. I don’t know. It hasn’t happened, and that’s been disappointing to me. But it ever could.

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DraftKings Inc. (NASDAQ:DKNG) is simply a integer sports amusement and gaming institution that provides online sports betting, regular phantasy sports, and iGaming products specified arsenic blackjack, roulette, and slots. During the December 16, 2025, episode, a caller inquired astir the stock, and Cramer responded:

Okay, DraftKings is down… close present conscionable due to the fact that it’s had immoderate highly antithetic losses, but those are going to end. The statistic favour them coming backmost to, adjacent erstwhile it comes to those losses. And I deliberation DraftKings is simply a precise well-run company, and I deliberation the industry’s successful consolidation. And I similar it precise much.

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