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DraftKings projects up to $1.05bn Predictions investment across 2026 and 2027

Business

DraftKings expects adjusted EBITDA investment of up to $1.05bn in its Predictions business across 2026 and 2027. The company budgeted $650m–$700m for 2026 and $250m–$350m for 2027; former lottery finance executive Ivan Soloviov said the first half of 2027 would better show whether customers remain active after promotions end.

The planned spend and post-promotion customer retention are central to assessing DraftKings’ Predictions investment.

End-of-day close DraftKings (DKNG), USD, to 10 November 2026
Story date28 September 202610 November 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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