DraftKings projected full-year 2026 revenue of $6.2 billion and adjusted EBITDA of $1.4 billion at its annual Investor Day, the report reports. It also forecast $7.1 billion in revenue and $2.1 billion in adjusted EBITDA for 2028; analysts cited in the report differed on the outlook and the impact of competition.
The forecasts give investors and competitors a view of DraftKings’ stated financial expectations.
Quarter ended 30 September 2026
The day’s most important stories, free. One email a day.
DraftKings lowered its full-year 2026 revenue guidance to $6.35 billion-$6.55 billion, from $6.5 billion-$6.9 billion previously, and reported a third-quarter adjusted EBITDA loss of $317 million. The company said more than 1.6 million customers had used its predictions offering year-to-date and expected 2026 predictions investment of at least $650 million; its shares fell about 22% in Thursday after-hours trading after the results.
DraftKings announced third-quarter revenue of $1.3 billion, up 16% from the same period in 2025. The company said growth was driven mainly by customer engagement and sportsbook net revenue margin; it also issued fiscal 2027 revenue guidance of $7.35 billion to $7.75 billion and said it plans substantial investment in its predictions business.
DraftKings announced third-quarter revenue of $1.3bn, an increase of $185m, or 16%, from the same period in 2025. A news release attributed the increase mainly to continued customer engagement and a higher sportsbook net revenue margin.
EDGE Markets said it expects to process more than $2bn in transactions during the 2026 NFL season. The company reported more than $800m in volume during the season’s first 44 days, compared with $1.2bn over the full 2025 season.
Fitch Ratings expects Genting New York to generate approximately US$450m in EBITDA in 2028. The forecast reflects a gradual expansion of gaming at Resorts World New York City, which Genting New York operates.
Rush Street Interactive raised its 2026 revenue and adjusted EBITDA forecasts after reporting second-quarter revenue of $393.8 million, up 46% year on year, the company said. It now expects revenue of $1.56 billion to $1.6 billion and adjusted EBITDA of $245 million to $265 million for the year. CEO Richard Schwartz said the company had launched in Alberta and reported growth in player numbers across the Americas.