DraftKings Expecting No Long-Term Impact From Coronavirus

  • DraftKings takes $68m net loss, but yearly revenues increase 30 percent
  • Stock price improves 15 percent after first-quarter earnings call
  • Company sees esports, virtual sports as potential growth areas

As the newly public DraftKings continues to attract interest from investors, CEO Jason Robins said Friday during the company’s first quarterly earnings call that the effects of the coronavirus pandemic are not expected to have an impact on future growth.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial

Click here to request a trial