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DKNG - Kambi Can Bid U.S. Betting Farewell Or Can It?
September, 08 2021 08:00 AM
DraftKings Inc.
58% of Kambi's revenue comes from the US. In less than 2 years, however, it has lost its 2 largest US customers. We estimate that Kambi will lose 45% of its revenue in the next 12 months. We also project the timeline for the loss of the Penn contract: 2024. For further details see:
Kambi Can Bid U.S. Betting Farewell, Or Can It?
Stock Information
Company Name:
DraftKings Inc.
Stock Symbol:
DKNG
Market:
NASDAQ
Website:
draftkings.com
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