DraftKings Q2 Hit by Knicks & World Cup Results, But Prediction Market Momentum Builds

DraftKings (NASDAQ: DKNG) missed second-quarter Wall Street expectations on revenue and earnings today, but rapid growth in its prediction market provided a key bright spot. On a non-generally accepted accounting principles (non-GAAP) basis, the gaming company notched June quarter earnings of nine cents a share on revenue of $1.44 billion. Analysts expected non-GAAP earnings of […] The post DraftKings Q2 Hit by Knicks & World Cup Results, But Prediction Market Momentum Builds appeared first on Casino.org .

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DraftKings Q2 Hit by Knicks & World Cup Results, But Prediction Market Momentum Builds — Casino.org

Jörn's take

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