DraftKings Acquires new Customers at Lowest Costs – Growth Rate Accelerates to 35%
Reading Time: 4 minutes
DraftKings impresses as a leading provider of live betting with a loyal customer base, product innovations, and cross-selling through new industries. 3.5 million new customers were acquired last year at previously lowest acquisition costs. Parlay bets are also improving the margin. Mobile sports betting and iGaming currently reach only 49% and 11% of the US population, respectively. Internationalization offers significant long-term potential. 2024 will deliver positive free cash flow for the first time. Revenue growth is expected to...
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