DraftKings has simply introduced its statistics for the second quarter, with its income seeing a large 37% progress.
For the three months ended June 30, 2025, the American playing firm has seen income of $1,513 million, which represents an increase of $408 million, or 37%, in comparison with $1,104 million throughout the identical interval in 2024.
The key enhance is alleged to have been pushed primarily by ‘continued wholesome buyer engagement, environment friendly acquisition of recent clients, increased structural Sportsbook maintain proportion, and sportsbook-friendly outcomes.’
These figures of $1,513 million in income, $158 million in web revenue, and an adjusted EBITDA of $301 million set new information for the corporate.
DraftKings second quarter hits new heights for the corporate
“We set information for income, web revenue and Adjusted EBITDA within the second quarter, pushed by an acceleration in income progress to 37% year-over-year,” stated Jason Robins, DraftKings’ Chief Government Officer and co-founder.
“We’re happy to be sustaining our fiscal 12 months 2025 steerage, with income anticipated to be nearer to the excessive finish of our vary, highlighting the power of our platform as we put together for an thrilling new state launch.”
“We stay targeted on investing in key progress initiatives throughout the group to maximise shareholder returns over the long-term,” stated Alan Ellingson, DraftKings’ Chief Monetary Officer. “Along with our investments, we repurchased 6.5 million shares via our inventory repurchase program within the first two quarters of this 12 months.”
Together with the constructive figures, DraftKings additionally noticed continued wholesome progress in buyer retention, acquisition, and engagement. The variety of Month-to-month Distinctive Gamers (MUP) elevated to three.3 million within the second quarter, representing a rise of 6%.
The rise in distinctive gamers is alleged to be as a consequence of sturdy distinctive payer retention and acquisition throughout DraftKings’ Sportsbook and iGaming product choices, and the impression of the acquisition of Jackpocket, which has been embroiled in a scandal related to the Texas lottery.
When the statistics exclude the impression of the acquisition of Jackpocket, the MUPs elevated by 5% in comparison with what was seen within the second quarter of 2024.
Featured Picture: Credit score to World Poker Tour on Flickr, Attribution-NoDerivs 2.0 Generic license
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