DraftKings, a well-known financial company in the online sports betting and gaming industry, expanded its presence in Ontario by launching its operations in May. This strategic move came at a crucial time, mid-way through the quarter, following the opening of the market in April. With its proven track record and strong market position, DraftKings aims to capture a significant share of the lucrative Ontario finance market.
Earlier today, DraftKings announced its financial results for Q2 2022, revealing a significant increase in revenue. The company reported a year-on-year revenue rise of 57.1% to $466.2m (£387.1m/€458.8m).
Jason Park, the chief financial officer at DraftKings, has announced that the company has raised its full-year revenue projection following a successful quarter.
Check out the complete article on InnovateChange North America for the latest updates in the finance industry.
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