DraftKings Monthly Unique Players Increased 30% YoY

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DraftKings Monthly Unique Players Increased 30% YoY

Tiger Newspress2022-08-05

DraftKings Monthly Unique Players Increased 30% YoY. Shares of DraftKings Surge More Than 11% in Premarket Trading.

Monthly Unique Payers ("MUPs") increased to 1.5 million average monthly unique paying B2C customers, representing an increase of 30% compared to the second quarter of 2021. This increase reflects strong unique payer retention and acquisition across DraftKings' Sportsbook and iGaming products as well as the expansion of its Sportsbook and iGaming products into new jurisdictions, partially offset by a decline in Daily Fantasy Sports MUPs.

Average Revenue per MUP ("ARPMUP") was $103 in the second quarter of 2022, representing a 30% increase compared to the same period in 2021. This increase was primarily due to strong customer engagement, a continued mix shift into DraftKings' Sportsbook and iGaming products and reduced promotional intensity compared to the same period in 2021.

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.

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Yishun123
·2022-08-06
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Hayz
·2022-08-05
Gambling is a sure addiction...human nature.
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WJ77
·2022-08-05
👍👍
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The Knight
·2022-08-05
Fly away!!!!
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  2022-09-15
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  2022-08-23
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