Hoping This Railbird Will Fly, DraftKings Joins The Great Prediction Markets Race
DraftKings, the number two digital sports book and iGaming outfit in the United States, has officially joined the great prediction markets race…
Jason Robins
DraftKings Reports Q2 iGaming Revenue of US$1.51 Billion
DraftKings Inc. has reported revenue of US$1.51 billion (£1.12bn) for the second quarter of 2025, a year-on-year increase of 37 percent. Growth…
Touchdown! If You Can’t Beat ‘Em, Join ‘Em, DraftKings Enters The Prediction Markets Fray
Way back in time before 2018’s repeal of PASPA, when online sports betting was a strictly nefarious, off-field, affair, DraftKings and Flutter…
DraftKings Hits The Jackpocket, But Stumbles, in Q1
DraftKings, the other Big Beast of U.S. online sports betting and iGaming, has reported revenue of US$1.41 billion (£1.06bn) for its first…
Punters Loving It As DraftKings Goes EBITDA-positive in FY24
Supercharged by impressive customer engagement, Fantasy and top U.S. sports book DraftKings is living the dream as it finally goes EBITDA-positive in…
Terrific DraftKings Reports 39-Percent Revenue Growth in Q3
Hard-charging sports betting DraftKings has posted a spectacular Q3 with a near-40 percent increase of revenue, year-on-year, to US$1.095 billion (£848.45m). The…
Casino Cabbie: Letter From America 23
Welcome to Casino Cabbie’s latest Letter From America, fresh off the press. This week we’re discussing DraftKings’ disastrous new player tax plans,…
EBITDA Down, DraftKings Plans US$1 Billion Share Repurchase In Q2
DraftKings has published its financial results for Q2 2024, announcing a US$100 million-plus reduction in annual Adjusted EBITDA guidance and a US$1…
DraftKings Hits The US$750m Jackpocket
Fantasy sports and iGaming royalty DraftKings has hit the jackpot by completing its US$750 million (£589.21m) acquisition of leading US lottery app,…
Loss Is More For Hard-charging US Sportsbook DraftKings in Q1
Despite ending the quarter with a nominal net loss of US$142.6 million (£114.04m), hard-charging US sportsbook DraftKings has delivered a spectacular Q1…