BlackRock, Inc. Reports 5% Ownership in DraftKings Inc.

BlackRock, Inc. has filed a Schedule 13G with the SEC, disclosing a 5% ownership stake in DraftKings Inc. as of September 30, 2025. The filing indicates that BlackRock beneficially owns 24,834,364 shares of DraftKings' Class A Stock, with sole voting power over 22,941,537 shares and sole dispositive power over all 24,834,364 shares. The filing also notes that various persons have the right to receive dividends or proceeds from the sale of the shares, but no single person's interest exceeds 5% of the total outstanding shares. The filing was signed by Spencer Fleming, Managing Director of BlackRock, Inc., on October 17, 2025.