DraftKings reported stronger than expected revenue and raised its outlook for 2023. Its business is getting a boost as more states legalize sports gambling. The gambling firm reported fourth quarter r...
Tag: Flutter Entertainment
Who Will Win the Super Bowl This Year? Sports Betting Apps Might Be the Champs.
The first U.S. sports-betting operations are moving toward profitability after a period out of favor with investors. Feb. 11, 2023 12:01 am ET Fans will flood into Phoenix on Sunday to watch Super Bow...
DraftKings Earnings Beats Estimates. Why the Stock Is Tumbling.
Text size Courtesy of DraftKings DraftKings stock has tumbled 15% Friday despite the sports-betting company beating earnings estimates in the fourth quarter. The company raised its revenue guidance fo...
DraftKings Reports Earnings Friday. Investors Want to See a Path to Profits.
Text size The DraftKings Sportsbook at the Brook in Seabrook, N.H. Scott Eisen/Getty Images for DraftKings Show us the money. DraftKings shares (ticker: DKNG) have fallen more than 60% since Labor Day...