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DraftKings is investing more than $1 billion in prediction markets, and its shares fell nearly 30%. 🔹The American book...

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DraftKings is investing more than $1 billion in prediction markets, and its shares fell nearly 30%.

🔹The American bookmaker plans to spend $650–700 million on the new direction in 2026 and another $250–350 million in 2027. Total investments could exceed $1 billion.

🔹After the earnings release on 6 November, DraftKings shares plunged nearly 30%, and the company’s market capitalization temporarily fell by about $3 billion.

🔹Because of spending on prediction markets, the company cut its adjusted EBITDA forecast for 2026 by $700–900 million to $175–275 million. At the same time, this year the new segment will generate minimal revenue, as most income will go to bonuses and user acquisition.

🔹CEO Jason Robins said he expects the investments to pay off even in the event of a future ban on sports contracts in the U.S.

@sho_azartny

Screenshot of a Telegram post: DraftKings is investing more than $1 billion in prediction markets, and its sha…

DraftKings інвестує понад $1 млрд у ринки прогнозів, а її акції впали майже на 30%

🔹Американський букмекер планує витратити на новий напрям $650–700 млн у 2026 році та ще $250–350 млн у 2027-му. Загальні інвестиції можуть перевищити $1 млрд.

🔹Після публікації звітності 6 листопада акції DraftKings обвалилися майже на 30%, а капіталізація компанії за деякий час скоротилася приблизно на $3 млрд.

🔹Через витрати на ринки прогнозів компанія знизила прогноз скоригованої EBITDA на 2026 рік із $700–900 млн до $175–275 млн. Водночас цього року новий напрям принесе незначну виручку, оскільки більшість доходу підуть на бонуси та залучення користувачів.

🔹Гендиректор Джейсон Робінс заявив, що розраховує на окупність інвестицій навіть у разі майбутньої заборони спортивних контрактів у США.

@sho_azartny

Screenshot of a Telegram post: DraftKings інвестує понад $1 млрд у ринки прогнозів, а її акції впали майже на…
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