Login/Register
Octoplay
Octoplay

DraftKings raises revenue guidance as Q3 loss nears $350m

16th November 2020 7:00 am GMT
DraftKings

New York-listed DraftKings has raised its full-year revenue forecast for 2020 after third quarter revenue nearly doubled to $132.8m.

Revenue from B2C operations increased by 55 per cent year-on-year to $103.7m following the return of major global sports, with B2B activity from SBTech contributing a further $29.2m in revenue.

DraftKings generated more than 80 per cent of its Q3 revenue from the United States, with international revenue amounting to $26.0m.

Monthly unique players increased by 64 per cent [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos