DraftKings on Thursday reported revenue of US$1.1 billion for the third quarter, an increase of US$49 million, or 4%, compared to US$1.1 billion during the same period in 2024.
DraftKings said third-quarter revenue was “driven by continued healthy customer engagement, efficient acquisition of new customers, and higher structural Sportsbook hold percentage, partially offset by customer-friendly sport outcomes.”
Earlier Thursday, DraftKings announced an agreement to become the official sportsbook and odds provider for ESPN, effective 1 December. A news release said the agreement “unites two of the most iconic brands in sports” to deliver premium sports betting content and experiences.
