DraftKings Q3 Earnings: Revenue Up 39%; Net Loss Increases by $12 Million

DraftKings released its financial results for the third quarter of 2024. Total revenue reached $1.1 billion, a 39% increase year-over-year, while adjusted EBITDA was a negative $58.5 million—a significant decrease compared to the negative $153.4 million reported in the same period last year. However

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