Despite recent issues, DraftKings looks like it will still be well-positioned going forward. The company grew its MUPs by a brisk 28% in the quarter, and the company still expects its adjusted gross ...

March Madness Bettors Dunk on DraftKings: 3 Silver Linings DraftKings tackled its weak guidance at the start of the earnings call. They said, “If not for customer-friendly sports outcomes in ...

DraftKings missing first quarter expectations and cutting its full year revenue forecast. Still, revenue rose 20% from a year ago. The sports betting company says a lack of March Madness upsets ...

DraftKings CEO Jason Robins discusses how an unusual March Madness impacted the sports betting company and how it is preparing for the future. Robins speaks with Caroline Hyde and Ed Ludlow on ...

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DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares gain Bettor-friendly NCAA basketball tournament ‘more than offset’ a ‘favorable’ Super Bowl ...

That March Madness tournament, DraftKings said in a letter to shareholders, "more than offset" a "favorable" Super Bowl. The company lost 7 cents a share during the first quarter. That was a bit ...

Sports betting giant DraftKings Inc DKNG could show strength from wagers on the NFL Playoffs, Super Bowl and March Madness when it reports first-quarter financial results after market close Thursday.

The NCAA Tournament is upon us, and now is the perfect time to claim nearly $4,000 in bonuses at the best March Madness betting apps and sites, including Caesars, FanDuel, Bet365 and DraftKings.

Flutter and DraftKings are weighing their responses to a new threat to their dominance of the $14bn US sports betting sector, as prediction markets led by politically connected Kalshi exploit a ...