DraftKings’ profit doubles expectations as people are betting — and losing — more

August 7, 2025 by Projesh Kar

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The sports-betting company’s stock jumped after a big profit beat, as users bet a lot more than they did last year — and also lost more.

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Projesh Kar

I am a passionate blogger with extensive experience in web design. As a seasoned YouTube SEO expert, I have helped numerous creators optimize their content for maximum visibility.

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