DraftKings stock sinks 8% on New York betting revenue slump as prediction markets steal the spotlight
NEW YORK, Jan 17, 2026, 05:18 EST — Market closed. DraftKings Inc shares ended Friday roughly 8% lower, closing at $32.62. It capped a turbulent week for online betting stocks as the NFL playoffs approach and investors brace for a long weekend. New York, a major U.S. mobile sports wagering hub, saw weekly “gross gaming revenue” drop to $37.3 million…