Reported 16 days ago
DraftKings CEO Jason Robins expressed optimism for 2025 despite the company's third-quarter results falling short of revenue expectations and its reduced sales and profit outlook. Robins noted strong fundamentals in the business, citing growth in user engagement and revenue, while attributing the profit forecast cut to unexpected sports results. He believes that despite these challenges, 2025 will be a significantly stronger year for DraftKings.
Source: YAHOO