DraftKings Delivers Super FY25 Fiscals, Predicts New Year Boom
DraftKings has reported positive net income and record quarterly revenue and adjusted EBITDA for Q4 2025, alongside issuing fiscal year 2026 guidance…
Alan Ellingson
DraftKings Posts Q3, Revises FY25 Outlook Up
DraftKings reported third-quarter 2025 revenue of US$1.14 billion (£870.1m), up four percent, year on year, citing continued customer engagement, efficient acquisition and…
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…
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…
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…
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…