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DraftKings and partners open sports betting venue at Foxwoods El San Juan

Business

DraftKings, the Mashantucket Pequot Tribal Nation and LionGrove opened a sports betting venue at Foxwoods El San Juan Casino in Puerto Rico. The venue has ticket windows, betting stations and a sports lounge; DraftKings still needs to apply for a licence and authorisation before launching an online platform on the island.

The opening adds a physical betting location, while DraftKings’ proposed online launch remains subject to licensing and authorisation.

End-of-day close DraftKings (DKNG), USD, to 2 January 2026
Story date6 October 20252 January 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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DraftKings cuts undisclosed jobs ahead of third-quarter results

DraftKings cut an undisclosed number of jobs last week, according to media reports, and declined to comment on personnel decisions. The cuts came days before the company reported third-quarter revenue of $1.33bn and reduced its 2026 adjusted EBITDA guidance to $175m-$275m from $700m-$900m.

DraftKings cut an undisclosed number of jobs last week, in at least its second round of layoffs in 2026. Affected staff were informed last week, shortly before the company released its third-quarter results. A company spokesperson declined to discuss personnel decisions.

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