DraftKings' second-quarter revenue surpasses $1.5 billion, net profit surges 147.5%, driven by growth in sports betting and iGaming.
DraftKings announced its Q2 2025 earnings, setting a new historical high with revenues reaching $1.5 billion, a 37% increase year-over-year. Net income surged to $157.9 million, up 147.5% from the same period last year, with adjusted EBITDA reaching $300.6 million, a 134.9% increase. This performanc