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…
Jason Robins
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…
DraftKings Hits The Jackpot
Boosted by recent better-than-expected financial performance, US sportsbook and iGaming leader DraftKings has upped its fiscal guidance for 2024 and made a…
Less Is More For Bad Boy DraftKings As American Sportsbook Posts Awesome Q3
Following an awesome Q3, less is more for “Bad Boy” US sportsbook DraftKings as it stands on the cusp of true profitability…
Playing To Win, US Sportsbooks Launch Biggest NFL Bonus Give-aways In History
America’s top sportsbooks, FanDuel and DraftKings, are launching the biggest bonus give-aways in iGaming and NFL history to mark the start of…