Login/Register
Octoplay
Octoplay

DraftKings raises revenue guidance as Q1 loss dips under $400m

5th May 2023 9:38 am GMT
DraftKings

DraftKings has said that full year revenue should surpass $3.1 billion in 2023 following an 84 per cent increase in revenue to $770 million during the first quarter.

The Q1 revenue growth was driven by a 39 per cent rise in monthly unique payers (MUPs) to 2.8 million, with average revenue per MUP climbing 35 per cent to $92.

“DraftKings’ first quarter performance - 84 per cent year-over-year revenue growth and share gains underpinned by a relentless [...]

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