DraftKings posts 60% increase in quarterly revenue

Reuters · 11/05/2021 11:03
DraftKings posts 60% increase in quarterly revenue

- DraftKings Inc DKNG posted a 60% increase in quarterly revenue on Friday as betting firms enjoyed a boom in online gambling during the COVID-19 pandemic.

Revenue for DraftKings rose 60% to $213 million in the third quarter ended Sept. 30.


(Reporting by Praveen Paramasivam and Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)

((Praveen.Paramasivam@thomsonreuters.com;))