How does a gambling site lose money? DraftKings just lost $250 million in revenue — mostly on NFL games.
The company experienced “the most customer-friendly stretch of NFL sport outcomes we have ever seen,” its CEO said.
DraftKings Guidance Hit By Unfavorable NFL Outcomes: Analysts Focused On 2025
DraftKings lowered Q4 and FY guidance due to unfavorable NFL game outcomes. Analysts look to 2025 guidance and strength ahead ...
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DraftKings Cuts Guidance On Early Q4 NFL Results
DraftKings saw its stock fall in after-hours trading Thursday after it cut guidance on customer-friendly results.
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DraftKings Q3 revenue grows, but early Q4 NFL struggles force another FY24 downgrade
A bad run of NFL results in October have forced DraftKings to downgrade on its full-year revenue and earnings guidance for ...
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Week 10 DraftKings NFL DFS Picks - Main Slate (2024): Brock Purdy, Saquon Barkley, Garrett Wilson, and more
Hello, RotoBallers! Welcome back to our DraftKings Main Slate article. I completely understand if you're feeling a bit of ...
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DraftKings: Time To Sell, Its FY25 Guidance Targets Are An Unachievable Fantasy (Rating Downgrade)
Shares of DraftKings slid after reporting Q3 results, primarily because the company lowered its full-year revenue and ...
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DraftKings Eyeing Prediction Betting Opportunities Ahead of Next Election
Online sports betting companies may not let another cycle of presidential election campaigning and wagering pass them by ...
DraftKings Buy Rating Backed by Future Growth Potential and Strategic Management
In a report released today, Benjamin Miller CFA from Goldman Sachs maintained a Buy rating on DraftKings (DKNG – Research Report), with a ...