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DraftKings Inc. (NASDAQ: DKNG) has emerged as one of the most prominent players in the booming online sports betting and iGaming industries.
DraftKings faces a tough rebound due to slowing customer growth and no major new state launches on the horizon. Profitability has suffered from several quarters of unfavorable sports outcomes ...
With more states live, customer acquisition metrics strong, and hold rates stabilizing, the company enters tonight’s call with momentum.
We recently published a list of 21 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where DraftKings Inc.
Because of its technology and product offerings, DraftKings (NASDAQ:DKNG), a well-known online gaming company in the US, has a strong brand advantage. Launching new products and leveraging customer ...
Third, DraftKings could be concerned about potential cannibalization of its existing sports betting customer base if it were to launch a parallel prediction market product.
See disclosure here or remove ads. Analysts note that customer acquisition costs have declined significantly across the industry, which could benefit established players like DraftKings.
DraftKings is seeing excellent and accelerating growth momentum. The momentum will likely continue in 2025 as the company's customer base swells. DraftKings bottom-line is also seeing a ...
DraftKings continues to showcase strong growth potential, driven by a rapidly expanding customer base, disciplined expense management, and strategic investments in live betting and iGaming.
DraftKings remains confident in its growth trajectory, expecting strong revenue momentum while maintaining disciplined expense management and leveraging advanced technologies for scalability.