DraftKings’ Robins urges lower expectations for Canada
| By Marese O'Hagan
Jason Robins, co-founder, chairman and CEO of DraftKings, said that the operator’s launch in Canada has gone “as expected”, as the business had lower expectations compared to the US, in DraftKings’ earnings call for its Q2 results.
DraftKings launched in Ontario in May, mid-way through the quarter, after the market opened in April.
Earlier today, DraftKings reported a year-on-year revenue rise of 57.1% to $466.2m (£387.1m/€458.8m) in its Q2 2022 results.
Jason Park, chief financial officer at DraftKings, said that the operator’s full-year revenue projection had been raised as a result of the quarter’s success.