DraftKings to release a social media feature, CEO says

Is DraftKings entering the world of social media? Essentially, yes, CEO Jason Robins told analysts in an earnings call. The news of the upcoming rollout comes at a time DraftKings is facing competition from Pennsylvania-based casino operator Penn National Gaming Inc. (Nasdaq: PENN), which earlier this year secured approval from the Illinois Gaming Board to launch its Barstool Sportsbook mobile application in the U.S. state.