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Despite recent issues, DraftKings looks like it will still be well-positioned going forward. The company grew its MUPs by a brisk 28% in the quarter, and the company still expects its adjusted gross ...
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The online casino DraftKings has significantly expanded its user base and revenue since 2018, highlighting the broader shift ...
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DraftKings CEO Jason Robins discusses how an unusual March Madness impacted the sports betting company and how it is preparing for the future. Robins speaks with Caroline Hyde and Ed Ludlow on ...
DraftKings has kicked off 2025 with impressive financial gains, despite some unexpected challenges in the highly volatile ...
DraftKings missing first quarter expectations and cutting its full year revenue forecast. Still, revenue rose 20% from a year ago. The sports betting company says a lack of March Madness upsets ...
There also was a striking gap in the success rate among the leading books. FanDuel held 10.5%, according to state regulator ...
DraftKings stock was climbing Friday as investors decided to keep betting on the gambling stock despite a mixed first quarter. DraftKings reported a loss of 7 cents a share after the stock market ...
That March Madness tournament, DraftKings said in a letter to shareholders ... but the company said more consumers bet on the site and that it held onto a bigger share of overall dollars bet.
Sports betting giant DraftKings Inc DKNG could show strength from wagers on the NFL Playoffs, Super Bowl and March Madness when it reports first-quarter financial results after market close Thursday.