{"id":9607,"date":"2025-08-06T23:53:09","date_gmt":"2025-08-06T23:53:09","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2025\/08\/06\/draftkings-sets-revenue-and-profit-record-in-q2-2025\/"},"modified":"2025-08-06T23:53:09","modified_gmt":"2025-08-06T23:53:09","slug":"draftkings-sets-revenue-and-profit-record-in-q2-2025","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2025\/08\/06\/draftkings-sets-revenue-and-profit-record-in-q2-2025\/","title":{"rendered":"DraftKings Sets Revenue and Profit Record in Q2 2025"},"content":{"rendered":"<div>\n<p>DraftKings reported its strongest quarter to date, with a huge jump in both revenue and profit. The operator continues to benefit from growing sportsbook engagement, expanding iGaming activity, and improved hold percentages. Alongside the record-setting financials, DraftKings is sticking to its full-year outlook and exploring a new acquisition that could add even more depth to its offering.<\/p>\n<hr>\n<p><em><strong>Good to know<\/strong><\/em><\/p>\n<ul>\n<li><em><strong>DraftKings added a $0.50 fee per mobile or online bet in Illinois, responding to a recent tax hike.<\/strong><\/em><\/li>\n<li><em><strong>Q2 2025 sports betting handle reached nearly $11.5 billion, up 6.3% year-over-year.<\/strong><\/em><\/li>\n<li><em><strong>iGaming revenue increased by 22.6% to $429.7 million compared to Q2 last year.<\/strong><\/em><\/li>\n<\/ul>\n<hr>\n<p>Revenue for the second quarter came in at just over $1.5 billion \u2014 the highest ever reported by the company. Net income hit $157.9 million, a sharp improvement from last year\u2019s Q2 results. Adjusted EBITDA reached $300.6 million, which represents a 134.9% increase year-over-year and marks the most profitable quarter in DraftKings\u2019 history.<\/p>\n<p>CEO Jason Robins highlighted the growth in a statement:<\/p>\n<p><em>\u201cWe set records for revenue, net income and Adjusted EBITDA in the second quarter, driven by an acceleration in revenue growth to 37% year-over-year.\u201d<\/em><\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2>DraftKings Hits Record Revenue and Profit in Q2 2025<\/h2>\n<p>Sportsbook revenue was the largest contributor, totaling $997.9 million \u2014 up 45.3% from the same period in 2024. The nearly $11.5 billion in total handle shows continued interest from bettors, even in an increasingly competitive market. On the casino side, iGaming brought in $429.7 million, while other business lines added $85 million, a 26.8% jump from last year.<\/p>\n<p>Operating income also turned positive at $150.6 million, reversing a $32.4 million loss posted during Q2 2024. The company credited strong customer retention, favorable betting outcomes, and higher hold rates for the shift.<\/p>\n<p>DraftKings is maintaining its 2025 full-year guidance of $6.2 billion to $6.4 billion in revenue, with adjusted EBITDA expected to land between $800 million and $900 million. Robins said the company expects results to trend toward the higher end of that range, especially as a new state launch approaches.<\/p>\n<p>Beyond core operations, DraftKings is also looking at future expansion. In mid-July, the company reportedly began talks to acquire Railbird Exchange, a federally licensed prediction markets platform. While no deal has been finalized and terms haven\u2019t been shared, the move signals DraftKings\u2019 continued interest in broadening its reach. Railbird has declined to comment, and DraftKings said it generally avoids discussing the details of potential acquisitions.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/draftkings-sets-revenue-and-profit-record-in-q2-2025\/\">DraftKings Sets Revenue and Profit Record in Q2 2025<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DraftKings reported its strongest quarter to date, with a huge jump in both revenue and profit. The operator continues to benefit from growing sportsbook engagement, expanding iGaming activity, and improved hold percentages. Alongside the record-setting financials, DraftKings is sticking to its full-year outlook and exploring a new acquisition that could add even more depth to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-9607","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=9607"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/9607\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=9607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=9607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=9607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}