DraftKings Misses Revenue as CEO Says Prediction Market Rivals Are 'Spinning Narratives' Ahead of NFL Season
DraftKings missed revenue expectations, but CEO Jason Robins shifted focus to prediction markets, NFL season growth and rival platforms’ “spinning narratives.”
DraftKings made less money than expected, but the boss thinks prediction markets (games where people guess what will happen) will help them grow during football season. When a company misses goals but talks confidently about the future, watch to see if their new plans actually work out.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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