Bloomberg Technology

DraftKings Profit Misses, Buys Lottery App for $750 Million

DraftKings reported fourth-quarter sales and profit that missed analysts’ projections and announced it would buy the lottery app Jackpocket for $750 million in cash and stock. DraftKings CEO Jason Robins joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

Published

9 months ago

on

DraftKings reported fourth-quarter sales and profit that missed analysts’ projections and announced it would buy the lottery app Jackpocket for $750 million in cash and stock. DraftKings CEO Jason Robins joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”

Related Topics:

1 Comment

  1. @jamesching41

    February 16, 2024 at 3:51 pm

    sports betting apps, companies, platforms etc are competing against crypto coins, other sports betting platforms and unpaid cc balances of young people!

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version