DraftKings Profit Beats Estimates as Sportsbook Sales Grow

DraftKings Inc. reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion.

By Chris Palmeri · Bloomberg Markets

DraftKings Inc. reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion.