(AsiaGameHub) – Revenue increased 17 per cent year-over-year.
US.- DraftKings has released its financial results for the first quarter of 2026. For the three months ending March 31, the company recorded revenue of $1.65 billion, marking a 17 per cent increase compared to the same period last year. The growth was driven by stronger customer acquisition and engagement, along with an improved net revenue margin in the sportsbook segment.
Monthly Unique Payers (MUPs) declined 4 per cent to 4.2 million, mainly due to the exit from the Texas lottery market in 2025. Without that impact, MUPs would have risen by 2 per cent. Average Revenue per MUP (ARPMUP) reached $131, up 2 per cent, largely attributed to higher sportsbook net revenue margins.
Jason Robins, CEO and co-founder of DraftKings, stated: “We’ve started the year exceptionally well, with our Q1 performance surpassing expectations. Our core business remains robust, and we are now seeing clear signs of profitability improvement. This positions us strongly to capitalize on opportunities in Predictions. With our Super App, advanced market-making capabilities, proprietary exchange platform, and new combo features, we aim to secure a leading position in Sports Predictions by the end of the year.”
Alan Ellingson, Chief Financial Officer of DraftKings, commented: “Our operations continue to scale efficiently as we grow revenues, enhance profitability, and pursue high-return investments. We maintain our fiscal year 2026 guidance, forecasting revenue between $6.5 billion and $6.9 billion, and Adjusted EBITDA of $700 million to $900 million.”
DraftKings recently announced plans to launch its online sports betting and casino offerings in Alberta once regulated online gaming goes live in the province on July 13. Upon launch, Alberta will become the company’s second Canadian market after Ontario, expanding its presence to 34 jurisdictions across North America for online sports betting and its seventh jurisdiction for online casino.
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