How Much Money is DraftKings (DFKG) losing?
4 min readMay 6, 2024
DraftKings (DFKG) shows gambling is not the goldmine people assume. The fantasy sports platform turned sports book and casino is burning cash and losing money.
For example, DraftKings reported a -$142.57 million quarterly net loss in March 2024. The quarterly operating loss shrank by 64.10% from $397.15 million in March 2023.
