DraftKings’ Rookie CFO Has Eventful Start With M&A, Fee Reversal
15 hours ago · DraftKings also pared its full-year revenue forecast to a range of $4.85 billion to $4.95 billion, trailing analysts’ $5.13 billion average estimate, because of “customer-friendly sport ...
Watch DraftKings Thrives as Sports Betting Booms - Bloomberg
14 hours ago · November 14th, 2024, 2:34 AM GMT+0000. Since a 2018 Supreme Court decision legalized sports betting in the US, it's become a $10 billion industry. Boston-based DraftKings is a leader in the sector ...
DraftKings Reverses After Major Q3 Miss, Cut 2024 Revenue …
5 days ago · The company introduced its 2025 revenue outlook of $6.2 billion to $6.6 billion, representing 31% growth at the midpoint of the updated 2024 range. FactSet analysts expect 2024 revenue of $5.13 ...
DraftKings Cuts Its Forecast for 2025 Sales, Profit; Shares Fall
6 days ago · DraftKings Inc., one of the largest-sports betting companies, cuts its full-year estimate for 2024 revenue and profit, citing a tough start to the fourth quarter. The announcement sent the shares ...
Press Releases - DraftKings Inc.
May 23, 2024 · BOSTON, Oct. 17, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (the “Company” or “DraftKings”) today announced that it will release its third quarter 2024 results after the close of market trading on Thursday, November 7, 2024.
DraftKings Reports Fourth Quarter Revenue of $1,231 Million; …
Feb 15, 2024 · For the three months ended December 31, 2023, DraftKings reported revenue of $1,231 million, an increase of $376 million, or 44%, compared to $855 million during the same period in 2022.
DraftKings Completes Acquisition of Jackpocket - Yahoo Finance
BOSTON & NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the completion of its previously announced proposed...
The NBA Announces Expanded Sports Betting and Daily Fanta...
NEW YORK & BOSTON—Nov. 4, 2021 —The National Basketball Association (NBA) today announced an expanded multiyear relationship with DraftKings (Nasdaq: DKNG) to make the sports technology and entertainment company a co-official sports betting partner of the league.
DraftKings: Taxes Are Yesterday's News, This Is Tomorrow's
2 days ago · Some good news first. The industry itself remains healthy. Sports gambling revenue came to $11 billion in 2023, almost 50% more than the slightly over $7 billion of 2022 and nearly three times the ...
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