DraftKings Q2 2023 Earnings Presentation | August Results

DraftKings reported Q2 2023 revenue of $875M, up 88% year-over-year, with positive Adjusted EBITDA of $73M. The company raised full-year 2023 guidance and maintained market-leading positions in online sports betting and iGaming. With $1.1B in cash and expectations of continued profitability, DraftKings outlined expansion plans including a Kentucky launch.