The Surprising Risks of DraftKings (DKNG), Why The House Doesn't Always Win

By Yahoo! Finance | Nov 12, 2024 at 04:58 PM EST

DraftKings Inc. reported strong Q3 growth in customer acquisition and revenue, reaching $1,095 million, but missed analyst expectations. Adjusted EBITDA targets for 2024 were lowered to $260 million. The company faces regulatory uncertainties and challenges that may deter average investors.

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