News

Despite near-term challenges, the long-term outlook for DraftKings ... potentially drawing users away from DraftKings' platform. What risks does DraftKings face from potential regulatory changes and ...
DraftKings (NASDAQ:DKNG ... Regulatory headwindsincluding a $30 million tax drag in Marylandare offset by efficiency gains and an evolving sports calendar. Why It Matters: The mix of solid ...
Drivers and Challenges Revenue growth was ... results (which reduce hold), and margin pressures from tax hikes and promotional spending. DraftKings repurchased 3.7 million shares in Q1 2025.
Needham analyst Bernie McTernan maintained a Buy rating on DraftKings Inc. (NASDAQ ... Q1 Earnings Estimates After ‘Severe Weather Challenges’ Earlier This Year The company also cut its ...
DraftKings Inc DKNG reported downbeat first-quarter financial results after market close Thursday. DraftKings reported first-quarter revenue of $1.41 billion, up 20% year-over-year. The revenue ...
FanDuel and DraftKings, as they often boast, are sportsbooks that are accountable to regulators and raise tax revenue for states ... to difficult budgetary challenges. Cities have a different ...