DraftKings Inc
NASDAQ:DKNG
Net Margin
DraftKings Inc
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
16.8B USD |
-11%
|
|
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
31.4B GBP |
0%
|
|
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
39.6B AUD |
20%
|
|
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
23.3B USD |
13%
|
|
| SE |
|
Evolution AB (publ)
STO:EVO
|
164.3B SEK |
56%
|
|
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
122.5B HKD |
20%
|
|
| MO |
|
Sands China Ltd
HKEX:1928
|
108.6B HKD |
15%
|
|
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
9.4B Zac |
15%
|
|
| US |
|
MGM Resorts International
NYSE:MGM
|
8.6B USD |
4%
|
|
| ZA |
T
|
Tsogo Sun Gaming Ltd
JSE:TSG
|
8.3B Zac |
12%
|
|
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
|
7.9B USD |
7%
|
DraftKings Inc
Glance View
DraftKings Inc. emerges from the vibrant crossroads of innovation and entertainment, where the love for sports blends seamlessly with the excitement of digital gaming. Established in 2012, DraftKings was born from the vision of three Boston-based entrepreneurs who wanted to elevate the sports experience beyond passive viewing by introducing daily fantasy sports competitions. Rather than waiting until the end of a sports season, fans could now engage with their favorite leagues on a daily basis, crafting lineups and earning points based on real-player performances. This model tapped into a growing market of sports aficionados eager for deeper immersion and interaction with the games they love. Fast forward to today, DraftKings has evolved into a leading player in the digital sports entertainment and gaming industry. With the legalization of sports betting across various states in the U.S., DraftKings expanded its offerings to include online sports wagering. This move allows users to place bets on an array of sports events directly from their smartphones or computers, blending the strategy of prediction with the thrill of real-time outcomes. The company generates revenue primarily through the conversion of user wagers into income, augmented by its offerings of daily fantasy sports contests and access fees. Furthermore, with a robust platform capable of supporting intense real-time interaction, DraftKings captures a dynamic slice of the market that not only seeks entertainment but also the potential for monetizable engagement, thus carving out a unique niche in the sports gaming landscape.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on DraftKings Inc's most recent financial statements, the company has Net Margin of -10.6%.
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