DraftKings May Adjust Prediction-Market Spending if Courts Shift Rules
CEO Jason Robins says DraftKings does not plan to exceed its spending estimates for the year ahead unless the regulatory environment changes. The company is spending more to ramp up its prediction-markets offering.
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05:04:54 PM UTC
SquawkNews
DraftKings says it will get returns on costs to acquire prediction-markets customers before the expected Supreme Court ruling on predictions in mid-2028. For spending to acquire customers in 2026, the company expects paybacks within about 20 months, Chief Executive Jason Robins tells analysts on a…