MARKET COMPOSITE
DKNG - DraftKings Inc8:00:00 PM 5/28/2024
Price
$36.61
-4.20 (-10.29%)
DraftKings is an American daily fantasy sports contest and sports betting operator. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports , Premier League and UEFA Champions League soccer, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts and Tennis. In August 2018, DraftKings launched DraftKings Sportsbook in New Jersey becoming the first legal mobile sports betting operator in the state. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Indiana, Pennsylvania, West Virginia and opened in New Hampshire December 30, 2019 after reaching contract with the New Hampshire Lottery. Retail sports betting is available in Iowa, Mississippi and New York. DraftKings Sportsbook mobile and retail sports betting products allow bettors in each state engage in betting for most major U.S. and international sports.
Financials
Quarterly financials
(USD)Mar 2024Q/Q
Revenue1.2B-5%
Gross Profit464.9MM-
Cost Of Revenue710.1MM-1%
Operating Income-138.8MM-
Operating Expenses603.8MM-
Net Income-142.6MM-
G&A174.3MM-3%
Marketing340.7MM+17%
Amortization47.3MM-5%
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