DraftKings Inc. (DKNG) Secures Mobile Betting License in Missouri

DraftKings Inc. (NASDAQ:DKNG) is one of the best Robinhood stocks to buy right now. On August 15, 2025, DraftKings Inc. announced that it has received a direct mobile sports betting license from the Missouri Gaming Commission, enabling independent statewide operations without ties to casinos or sports teams.

The company, which has posted a 25.8% revenue increase over the past year and a 28% rise in stock value, plans to launch its sportsbook in Missouri on December 1, pending final approvals. This marks one of only two direct mobile licenses issued in the state.

Once live, Missouri will become the 29th U.S. state where DraftKings offers regulated sports betting, alongside Washington D.C. and Ontario, Canada. Known for its responsible gaming tools like My Stat Sheet and My Budget Builder, DraftKings also supports community initiatives, including a recent donation to the St. Louis Tornado Response Fund. Headquartered in Boston, the company partners with major sports leagues such as the NFL, NHL, and UFC, and continues expanding its footprint in digital gaming and fantasy sports.

DraftKings Inc. (NASDAQ:DKNG) is a digital sports entertainment and gaming company. It offers online sports betting, daily fantasy sports, media, digital lottery courier services, and other products, as well as retail sportsbooks. The company also provides iGaming and online casino products.

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Disclosure: None. This article is originally published at Insider Monkey.