“We are off to a fantastic start to the year as our first quarter results exceeded our expectations,” said Jason Robins, DraftKings (DKNG)’ Chief Executive Officer and Co-founder. “Our core business is strong, and profitability is inflecting. That gives us the firepower to press our advantage in Predictions. With our Super App, market making capabilities, proprietary exchange, and combos coming together, we intend to establish a leadership position in Sports Predictions before year-end.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DKNG:
- Kalshi Traders Drive Up Odds of a U.S.-Iran Nuclear Deal by 2027
- These Are the Stocks Reporting Earnings Today – May 7, 2026
- Options Volatility and Implied Earnings Moves Today, May 07, 2026
- DraftKings (DKNG) Is Set to Report Its Q1 Earnings Results – Here’s What to Expect
- Hyperliquid Declares War on Polymarket and Kalshi as It Storms into $240B Predictions Market
