DraftKings Q1 Earnings Preview: Here's What You Need to Know

273
35
Favorite

DraftKings Q1 Earnings Preview: Here's What You Need to Know

Motley Fool2021-05-05

DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

273

Report

Comment（35）

Shin33
·2021-05-06
Not wise to hold DKNG through earning report
Reply
Like
Report
Kanyon
·2021-05-06
Ok
Reply
Like
Report
Ichua
·2021-05-06
Draftking the best spac
Reply
Like
Report
TaiWoeiHaur
·2021-05-06
Will follow up.
Reply
1
Report
Fold Replies
- Ichua:
  Yes plS
  2021-05-06
  Reply
  Report
Lionel_yp
·2021-05-06
Good
Reply
1
Report
Fold Replies
- Lhokie:
  Good meh
  2021-05-06
  Reply
  Report
hello369
·2021-05-06
Please like and comment
Reply
1
Report
Fold Replies
- Lhokie:
  Good meh
  2021-05-06
  Reply
  Report
Lanying
·2021-05-06
O
Reply
2
Report
Lanying
·2021-05-06
O
Reply
3
Report
Lanying
·2021-05-06
O
Reply
1
Report
Fold Replies
- AminB:
  Good
  2021-05-06
  Reply
  Report
TKe
·2021-05-06
Hopeful
Reply
2
Report
Fold Replies
- Teddybear089:
  Ya
  2021-05-06
  Reply
  Report
albert77
·2021-05-06
Cool
Reply
1
Report
yangmehmeh
·2021-05-06
Buy?
Reply
1
Report
JeffreyNeo
·2021-05-06
1
Reply
2
Report
ynwaben
·2021-05-06
Cathie supported! :DPlease like and comment!!
Reply
4
Report
Fold Replies
- szueyann:
  [强]
  2021-05-06
  Reply
  Report
- Glenna:
  ok
  2021-05-06
  Reply
  Report
Karenyong
·2021-05-06
Tell me your opinion about this news...
Reply
4
Report
Fold Replies
- SweetieLook:
  please like n respndr .
  2021-05-06
  Reply
  Report
Ccl2
·2021-05-06
Like and comment
Reply
3
Report
Fold Replies
- BeeL:
  ????
  2021-05-06
  Reply
  Report
- szueyann:
  ?
  2021-05-06
  Reply
  Report
thjiuan
·2021-05-06
Please like
Reply
2
Report
Fold Replies
- BeeL:
  ????
  2021-05-06
  Reply
  Report
MaxWin
·2021-05-06
Why the app isn't working
Reply
1
Report
Fold Replies
- MaxWin:
  I can no longer share the stock for Android 11
  2021-05-07
  Reply
  Report
Blueman13
·2021-05-06
Things not looking on the trending down for lower lower
Reply
Like
Report
Shin33
·2021-05-06
This is NOT the time to buy DKNG...
Reply
1
Report
Fold Replies
- Trader0505:
  NoteD
  2021-05-06
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2133852553?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-05-05 23:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2133852553","market":"us","top_or_hot":-1,"title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","media":"Motley Fool","content":"<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DKNG","symbol_name":"DraftKings Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","article_id":"2133852553","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","pubTimestamp":1620226800,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DKNG":"DraftKings Inc."},"translate_title":"DraftKings第一季度收益预览：这里是你需要知道的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DKNG":0.9},"content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":105288111,"gmtCreate":1620306819233,"gmtModify":1704341662060,"author":{"id":"3555306947034569","authorId":"3555306947034569","name":"Shin33","avatar":"https://static.tigerbbs.com/284aaff943abf94855baca0b6a933ecd","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":2,"crmLevelSwitch":1,"idStr":"3555306947034569","authorIdStr":"3555306947034569"},"htmlText":"Not wise to hold DKNG through earning report&nbsp;","listText":"Not wise to hold DKNG through earning report&nbsp;","text":"Not wise to hold DKNG through earning report","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105288111","repostId":2133852553,"repostType":2,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105928740,"gmtCreate":1620265084880,"gmtModify":1704341005142,"author":{"id":"3567979712068924","authorId":"3567979712068924","name":"Kanyon","avatar":"https://static.tigerbbs.com/5b4865bae805415342780f86469a2ba7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3567979712068924","authorIdStr":"3567979712068924"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105928740","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105967703,"gmtCreate":1620264799902,"gmtModify":1704340999268,"author":{"id":"3554848762875033","authorId":"3554848762875033","name":"Ichua","avatar":"https://static.tigerbbs.com/175ebc8e659de3f491645e9236066d54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3554848762875033","authorIdStr":"3554848762875033"},"htmlText":"Draftking the best spac","listText":"Draftking the best spac","text":"Draftking the best spac","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105967703","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105992365,"gmtCreate":1620262541757,"gmtModify":1704340942922,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563667765668803","authorIdStr":"3563667765668803"},"htmlText":"Will follow up.&nbsp;","listText":"Will follow up.&nbsp;","text":"Will follow up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105992365","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4236715,"gmtCreate":1620264814649,"gmtModify":1680787210487,"authorId":3554848762875033,"author":{"id":3554848762875033,"idStr":"3554848762875033","authorId":3554848762875033,"name":"Ichua","avatar":"https://static.tigerbbs.com/175ebc8e659de3f491645e9236066d54","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105992365,"type":1,"supId":0,"prevId":0,"content":"Yes plS","text":"Yes plS","html":"Yes plS"}],"langContent":"EN"},{"id":105903199,"gmtCreate":1620261974711,"gmtModify":1704340922782,"author":{"id":"3581593350988898","authorId":"3581593350988898","name":"Lionel_yp","avatar":"https://static.tigerbbs.com/48015e61aaaedeb86cb8b0ed85a7b0af","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581593350988898","authorIdStr":"3581593350988898"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105903199","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235992,"gmtCreate":1620262031175,"gmtModify":1680787200866,"authorId":3581627618988110,"author":{"id":3581627618988110,"idStr":"3581627618988110","authorId":3581627618988110,"name":"Lhokie","avatar":"https://static.tigerbbs.com/e3d8a0704ae0a1eec1efa1f9d3c28e13","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105903199,"type":1,"supId":0,"prevId":0,"content":"Good meh","text":"Good meh","html":"Good meh"}],"langContent":"EN"},{"id":105040090,"gmtCreate":1620261181311,"gmtModify":1704340892563,"author":{"id":"3581346389720502","authorId":"3581346389720502","name":"hello369","avatar":"https://static.tigerbbs.com/6f472aef15b4385af1feba4d7bd16e06","vip":1,"hat":"https://static.tigerbbs.com/d54f48232ec41d764838ad8d7c381060","crmLevel":1,"crmLevelSwitch":0,"idStr":"3581346389720502","authorIdStr":"3581346389720502"},"htmlText":"Please like and comment&nbsp;","listText":"Please like and comment&nbsp;","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105040090","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235983,"gmtCreate":1620262016026,"gmtModify":1680787201057,"authorId":3581627618988110,"author":{"id":3581627618988110,"idStr":"3581627618988110","authorId":3581627618988110,"name":"Lhokie","avatar":"https://static.tigerbbs.com/e3d8a0704ae0a1eec1efa1f9d3c28e13","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105040090,"type":1,"supId":0,"prevId":0,"content":"Good meh","text":"Good meh","html":"Good meh"}],"langContent":"EN"},{"id":105066215,"gmtCreate":1620260108237,"gmtModify":1704340861042,"author":{"id":"3571641801586244","authorId":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571641801586244","authorIdStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105066215","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105066368,"gmtCreate":1620260073754,"gmtModify":1704340860394,"author":{"id":"3571641801586244","authorId":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571641801586244","authorIdStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105066368","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105068541,"gmtCreate":1620260059883,"gmtModify":1704340859584,"author":{"id":"3571641801586244","authorId":"3571641801586244","name":"Lanying","avatar":"https://static.tigerbbs.com/44079e6feb39117800ea99462f8cae40","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571641801586244","authorIdStr":"3571641801586244"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105068541","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235693,"gmtCreate":1620260996785,"gmtModify":1680787195362,"authorId":3578345709902616,"author":{"id":3578345709902616,"idStr":"3578345709902616","authorId":3578345709902616,"name":"AminB","avatar":"https://static.tigerbbs.com/95ef96141c0cae96be8b275bbce44d19","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105068541,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"EN"},{"id":105069288,"gmtCreate":1620259930744,"gmtModify":1704340857967,"author":{"id":"3581501420003989","authorId":"3581501420003989","name":"TKe","avatar":"https://static.tigerbbs.com/1667ad4d8c49a39e16e5852a89f233a6","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3581501420003989","authorIdStr":"3581501420003989"},"htmlText":"Hopeful&nbsp;","listText":"Hopeful&nbsp;","text":"Hopeful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105069288","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4239779,"gmtCreate":1620287323401,"gmtModify":1680787254912,"authorId":3581549918562481,"author":{"id":3581549918562481,"idStr":"3581549918562481","authorId":3581549918562481,"name":"Teddybear089","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105069288,"type":1,"supId":0,"prevId":0,"content":"Ya","text":"Ya","html":"Ya"}],"langContent":"EN"},{"id":105084065,"gmtCreate":1620259754657,"gmtModify":1704340850852,"author":{"id":"3575421087208890","authorId":"3575421087208890","name":"albert77","avatar":"https://static.tigerbbs.com/23ad8bf74e09800b779350089d72b84f","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3575421087208890","authorIdStr":"3575421087208890"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105084065","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105082351,"gmtCreate":1620259667273,"gmtModify":1704340848903,"author":{"id":"3574468336320831","authorId":"3574468336320831","name":"yangmehmeh","avatar":"https://static.tigerbbs.com/23b89d5a0acbdb3dac0211c8eea5acb3","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3574468336320831","authorIdStr":"3574468336320831"},"htmlText":"Buy?","listText":"Buy?","text":"Buy?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105082351","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105015043,"gmtCreate":1620259240182,"gmtModify":1704340837382,"author":{"id":"3581919031797456","authorId":"3581919031797456","name":"JeffreyNeo","avatar":"https://static.tigerbbs.com/fd016aa2ec66a904f877445461310e24","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3581919031797456","authorIdStr":"3581919031797456"},"htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105015043","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":105096105,"gmtCreate":1620258174507,"gmtModify":1704340807033,"author":{"id":"3581725251810238","authorId":"3581725251810238","name":"ynwaben","avatar":"https://static.tigerbbs.com/617ad5bc55468a1b0d22683027adc1e0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3581725251810238","authorIdStr":"3581725251810238"},"htmlText":"Cathie supported! :DPlease like and comment!!","listText":"Cathie supported! :DPlease like and comment!!","text":"Cathie supported! :DPlease like and comment!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105096105","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235165,"gmtCreate":1620259263230,"gmtModify":1680787184622,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105096105,"type":1,"supId":0,"prevId":0,"content":"[强]","text":"[强]","html":"[强]"},{"id":4234936,"gmtCreate":1620258409603,"gmtModify":1680787183695,"authorId":3570769377369254,"author":{"id":3570769377369254,"idStr":"3570769377369254","authorId":3570769377369254,"name":"Glenna","avatar":"https://static.tigerbbs.com/8cb1540811be40c4d05341502c35498c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105096105,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":105098902,"gmtCreate":1620258133006,"gmtModify":1704340805247,"author":{"id":"3580192763144876","authorId":"3580192763144876","name":"Karenyong","avatar":"https://static.tigerbbs.com/44dba447c6f541983ed924e4d35924c6","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580192763144876","authorIdStr":"3580192763144876"},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/105098902","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4234907,"gmtCreate":1620258277602,"gmtModify":1680787186894,"authorId":3554812674212347,"author":{"id":3554812674212347,"idStr":"3554812674212347","authorId":3554812674212347,"name":"SweetieLook","avatar":"https://static.tigerbbs.com/e9aa3124d3b13e671ec2b7446044171e","vip":1,"currentWearingBadge":{"badgeId":"f00de38e20574ad1abf55a15966547c8-1","templateUuid":"f00de38e20574ad1abf55a15966547c8","name":"Average winning trade","description":"Top 50%","bigImgUrl":"https://community-static.tradeup.com/news/f53cdecfbff6499d133bad354ae10ff1","smallImgUrl":"https://community-static.tradeup.com/news/2554f84686bbcccc035b93fe29308e43","grayImgUrl":"https://community-static.tradeup.com/news/84c66bc70ac1cf09f4e89b1d4ca9d017","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.20","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5200},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105098902,"type":1,"supId":0,"prevId":0,"content":"please like n respndr . ","text":"please like n respndr . ","html":"please like n respndr . "}],"langContent":"EN"},{"id":105007081,"gmtCreate":1620257898043,"gmtModify":1704340798574,"author":{"id":"3581493206135613","authorId":"3581493206135613","name":"Ccl2","avatar":"https://static.tigerbbs.com/d42f34da4e87e15b0fca1740d5c0310a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581493206135613","authorIdStr":"3581493206135613"},"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/105007081","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235107,"gmtCreate":1620259031105,"gmtModify":1680787187276,"authorId":3569409177654344,"author":{"id":3569409177654344,"idStr":"3569409177654344","authorId":3569409177654344,"name":"BeeL","avatar":"https://static.tigerbbs.com/04fd117193f398e58143bed822f34e05","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105007081,"type":1,"supId":0,"prevId":0,"content":"????","text":"????","html":"????"},{"id":4235166,"gmtCreate":1620259271327,"gmtModify":1680787185629,"authorId":3573721781255613,"author":{"id":3573721781255613,"idStr":"3573721781255613","authorId":3573721781255613,"name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":105007081,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":102775110,"gmtCreate":1620257343330,"gmtModify":1704340784505,"author":{"id":"3581671754017347","authorId":"3581671754017347","name":"thjiuan","avatar":"https://static.tigerbbs.com/50383f0751a2cfb1711a9bfaa07f954f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581671754017347","authorIdStr":"3581671754017347"},"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/102775110","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4235112,"gmtCreate":1620259041936,"gmtModify":1680787189001,"authorId":3569409177654344,"author":{"id":3569409177654344,"idStr":"3569409177654344","authorId":3569409177654344,"name":"BeeL","avatar":"https://static.tigerbbs.com/04fd117193f398e58143bed822f34e05","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":102775110,"type":1,"supId":0,"prevId":0,"content":"????","text":"????","html":"????"}],"langContent":"EN"},{"id":102744029,"gmtCreate":1620256929661,"gmtModify":1704340768919,"author":{"id":"3563311381284357","authorId":"3563311381284357","name":"MaxWin","avatar":"https://static.tigerbbs.com/a7681dcc0f2b046cc74cca2972ae6fc3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3563311381284357","authorIdStr":"3563311381284357"},"htmlText":"Why the app isn't working","listText":"Why the app isn't working","text":"Why the app isn't working","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/102744029","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4249547,"gmtCreate":1620358160964,"gmtModify":1663226390444,"authorId":3563311381284357,"author":{"id":3563311381284357,"idStr":"3563311381284357","authorId":3563311381284357,"name":"MaxWin","avatar":"https://static.tigerbbs.com/a7681dcc0f2b046cc74cca2972ae6fc3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":102744029,"type":1,"supId":0,"prevId":0,"content":"I can no longer share the stock for Android 11","text":"I can no longer share the stock for Android 11","html":"I can no longer share the stock for Android 11"}],"langContent":"EN"},{"id":102749838,"gmtCreate":1620256609824,"gmtModify":1704340759534,"author":{"id":"3551240289585145","authorId":"3551240289585145","name":"Blueman13","avatar":"https://static.tigerbbs.com/23efe343c897f3547114a2af3018369c","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":9,"crmLevelSwitch":1,"idStr":"3551240289585145","authorIdStr":"3551240289585145"},"htmlText":"Things not looking on the trending down for lower lower","listText":"Things not looking on the trending down for lower lower","text":"Things not looking on the trending down for lower lower","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102749838","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":102759331,"gmtCreate":1620256060523,"gmtModify":1704340744824,"author":{"id":"3555306947034569","authorId":"3555306947034569","name":"Shin33","avatar":"https://static.tigerbbs.com/284aaff943abf94855baca0b6a933ecd","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":2,"crmLevelSwitch":1,"idStr":"3555306947034569","authorIdStr":"3555306947034569"},"htmlText":"This is NOT the time to buy DKNG...","listText":"This is NOT the time to buy DKNG...","text":"This is NOT the time to buy DKNG...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/102759331","repostId":2133852553,"repostType":4,"repost":{"id":"2133852553","kind":"highlight","pubTimestamp":1620226800,"share":"https://ttm.financial/m/news/2133852553?lang=&edition=fundamental","pubTime":"2021-05-05 23:00","market":"us","language":"en","title":"DraftKings Q1 Earnings Preview: Here's What You Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=2133852553","media":"Motley Fool","summary":"The fantasy sports platform and sports betting operator will report first-quarter results on Friday, May 7.","content":"<p><b>DraftKings</b> (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.</p>\n<p>As much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.</p>\n<p>Now states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.</p>\n<p><img src=\"https://static.tigerbbs.com/b193a8ad6365313cf8de5c008cb7cb06\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>Capturing new markets</h2>\n<p>DraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.</p>\n<p>It's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.</p>\n<p>There is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.</p>\n<h2>What this could mean for investors</h2>\n<p>Wall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.</p>\n<p>Still, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DraftKings Q1 Earnings Preview: Here's What You Need to Know</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDraftKings Q1 Earnings Preview: Here's What You Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DKNG":"DraftKings Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/draftkings-q1-earnings-preview-what-you-need-know/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133852553","content_text":"DraftKings (NASDAQ:DKNG) had a volatile 2020. When several major sports leagues canceled or postponed their seasons at the pandemic's onset, engagement on its platform sank heavily. Eventually, it rebounded as sporting events returned (albeit in a modified form) and the fantasy sports platform and sports betting operator got back to doing what it does best.\nAs much of the company's revenue relies on customers placing wagers on the outcome of a sporting event, the return of sports was vital. Weirdly, the increasing number of people staying at home to protect against the pandemic further helped DraftKings recover. With limited entertainment options, more consumers turned to wagering on sports to occupy their time.\nNow states are easing business restrictions, making more outside entertainment options available to people. It will be interesting to see if DraftKings users have adapted their behavior permanently. When the company reports first-quarter results on Friday, May 7, you're going to want to know its monthly unique player (MUP) total.\n\nImage source: Getty Images.\nCapturing new markets\nDraftKings reported having about 1.5 million monthly unique players as of Dec. 31, 44% more than the same time last year. The company defines MUPs as the number of unique paid users per month who had a paid engagement -- in other words, customers who placed a real-money wager on its platform. The growth of its user base is crucial to its long-term success and is a key indicator of its brand popularity.\nIt's important to remember that the online sportsbook (OSB) is still in its infancy. The Professional and Amateur Sports Protection Act (PASPA) was repealed just three short years ago, which paved the way for states to legalize OSBs. Since then, 23 states (representing 41% of the U.S. population) have legalized sports betting in some form. Fifteen states have legalized online sports betting, and DraftKings offers its services in 12 of those states.\nThere is a long runway for growth in the category, and DraftKings is off to a good start. First, however, it must continue to invest in the infrastructure to build out its business as more states legalize OSBs. And it needs to spend on marketing and advertising to make people aware that it's available in their state. All this will be expensive, and that's why you'll want to look at the MUP figure to check progress in customer acquisition.\nWhat this could mean for investors\nWall Street analysts expect the company to report revenue of $231.53 million and a loss per share of $0.41. If earnings turn out as forecast, the revenue figure will be 104% higher than the same quarter last year. Investors will have to take that figure with a grain of salt because the first quarter of last year was when the effects of canceled sports seasons started, leading to lower-than-usual revenue.\nStill, the growth figure should be impressive. Undoubtedly, DraftKings has excellent prospects as more states legalize online sports betting and iGaming. Be aware though that those prospects may already priced into the stock. At a forward price-to-sales ratio of 21.7, the stock is not cheap. So if investors want to start a position in DraftKings, they should be aware it is a high-risk opportunity, with the potential for massive long-term success.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4234460,"gmtCreate":1620256387219,"gmtModify":1680787175515,"authorId":3573216396035636,"author":{"id":3573216396035636,"idStr":"3573216396035636","authorId":3573216396035636,"name":"Trader0505","avatar":"https://static.tigerbbs.com/c50c5243fd8dd1cf060cabef7bcbb550","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":102759331,"type":1,"supId":0,"prevId":0,"content":"NoteD","text":"NoteD","html":"NoteD"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":273,"commentSize":35,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}