DraftKings, known for its sports betting, is acquiring Jackpocket, a digital lottery app, for $750 million. They expect many customers to use both services.
CEO Robins emphasizes matching products with customers. Despite strong revenue growth, DraftKings shares dropped 10% in trading due to missing analyst expectations.
Robins highlights market share gains and product improvements in his letter to shareholders.
CEO Robins emphasizes matching products with customers. Despite strong revenue growth, DraftKings shares dropped 10% in trading due to missing analyst expectations.
Robins highlights market share gains and product improvements in his letter to shareholders.
