DraftKings was reportedly approached as a potential buyer for Rush Street Interactive as the latter’s sale was being explored. The report did not say that DraftKings had agreed to acquire the company; DraftKings had previously announced a deal to buy Jackpocket.
DraftKings was approached as a potential buyer, but no acquisition agreement was reported.
Quarter ended 30 September 2026
Quarter ended 30 September 2026
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DraftKings reported fourth-quarter 2025 revenue of $1.98bn, up 43% year on year, and net income attributable to common stockholders of $136.4m. For 2026, the company forecast revenue of $6.5bn to $6.9bn and adjusted EBITDA of $700m to $900m; CEO Jason Robins said its core business was strong entering the year.
ESPN Bet raised its minimum Illinois bet from 10 cents to $1 after the state introduced an additional tax of $0.25 or $0.50 on each wager, according to the report. Penn Entertainment CFO Felicia Hendrix said taxes in Illinois and three other states added $10 million to the company's cost guidance for the year. The Illinois Gaming Board says operators should report per-wager fees as sports wagering receipts.
DraftKings is waiting for a favourable CFTC ruling before committing more seriously to prediction markets, JMP Securities analysts said after meeting company executives. The analysts also discussed the Texas closure of DraftKings' Jackpocket lottery courier service; chief executive Jason Robins reportedly described it as a “unique situation”.
DraftKings reported fourth-quarter 2024 revenue of $1.39bn, up 13% year on year, and lifted its 2025 revenue guidance to $6.3bn-$6.6bn. The company maintained its adjusted EBITDA forecast of $900m-$1bn, while monthly unique paying customers rose 36% to 4.8 million and average revenue per user fell 16% to $97. DraftKings said its guidance excludes Missouri, where a launch remains subject to regulatory approval.
DraftKings reported second-quarter 2024 revenue of $1.104bn, up 26% year on year, and announced authorisation to repurchase up to $1bn of its Class A common stock. The company raised its 2024 revenue guidance to $5.05bn-$5.25bn and lowered its adjusted EBITDA outlook to $340m-$420m.