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DraftKings Cuts 2025 Outlook, Says Favored Teams Winning Drives Lower Margins
pymnts.com/earnings/2025/draftkings-cuts-2025-outlook-says-favored-teams-winning-drives-lower-margins
It’s said the house always wins in gambling. But as sports betting and iGaming statistics and algorithms continually improve, the favorite often wins, too.
That was the news that DraftKings executives shared Friday (May 9) on the company’s first-quarter 2025 earnings call, explaining to…
This story appeared on pymnts.com, 2025-05-09 15:51:20.