DraftKIngs Q1 earnings shows revenue increased over 50











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DraftKings (DKNG) posted first-quarter earnings results, showing revenue increased over 50% year-over-year. According to the report, part of their success is due in part to stronger-than-expected customer acquisition and retention. • DraftKings CEO Jason Robins joins Catalysts to give insight into the sports betting platform's performance and how legislation is forming around gambling from state to state. • Robins weighs in on how the company will push for sports betting legislation this year: I definitely think we'll get a few bills done this year, but I don't know that we'll get quite as many as we did last year... I think right now, a lot of states, because of the election year, sometimes that slows things down a little bit on the legislation front. That said, we're right now in the heart of legislative season. A lot of states are still in session. It's super hard to predict. We'll see. Hopefully, we'll get a few over the line this year. • About Yahoo Finance: • Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. • Get the latest news and data at finance.yahoo.com • Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) • Follow Yahoo Finance on social: • X:   / yahoofinance   • Instagram: https://www.instagram.com/yahoofinanc... • TikTok: https://www.tiktok.com/@yahoofinance?... • Facebook:   / yahoofinance   • LinkedIn:   / yahoo-finance  

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