DraftKings reported a 30% upswing in first-quarter revenue from its core sports betting operations as wider legalization offset the impact of COVID-19.
Revenue hit $88. 5 million as net losses widened to $68. 7 million from $29. 6 million in the year-ago quarter.
The company is newly consolidated, so the numbers stem from previously separate technology and wagering operations, making year-to-year comparisons inexact.
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