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DraftKings' Revenue Volatility Rises as Outcome Swings Intensify
ZACKSยท 2025-11-14 14:41
Key Takeaways DraftKings' Q3 results were hit by clustered NFL outcomes that drove significant sportsbook volatility.DraftKings logged 10% Q3 handle growth and 17% October gains, reflecting resilient customer engagement.DraftKings trimmed its FY25 revenue and EBITDA outlook as outcome-driven pressure weighed on the quarter.DraftKings Inc. (DKNG) is contending with one of the most pronounced periods of sportsbook volatility in recent memory, and the past quarter underscored just how quickly customer-favorabl ...