Potential earnings for DraftKings in Q3 may be affected by the outcomes of NFL games, according to a financial analyst's predictions.
In the world of sports betting, DraftKings (NASDAQ: DKNG) is keeping a steady pace, despite concerns over game-specific outcomes and pricing volatility in some NFL primetime games. The company remains confident in its pricing, which aligns with industry standards.
As of September 17, 2025, 12:23h, the parlay mix for DraftKings is strong and ahead of expectations, with results through the first two weeks of NFL action being in line with the company's expectations, excluding the Week 1 Sunday Night Football (Bills/Ravens) game, which turned out to be the single-worst game outcome for DraftKings.
Jason Robins, co-founder and CEO of DraftKings, is seeing player engagement, retention, acquisition, in-play product, and promotional spend tracking in line with or better than expectations. However, at least one analyst estimates DraftKings' third-quarter EBITDA is trending lower, with the week one classic between the Baltimore Ravens and crazy games identified as a significant factor.
Prediction markets have been a point of emphasis in recent discussions with DraftKings management, but as of now, there's nothing material to report about their plans. If DraftKings were to enter the prediction markets, it's hypothesized that it wouldn't be comparable to what Flutter Entertainment is doing with CME Group.
In the realm of prediction markets, the institution planning to possibly enter the area isn't explicitly named in the provided search results. However, it's worth noting that California tribal casino operators aren't fans of prediction markets, and relationships with California tribes are pivotal if DraftKings and its rivals hope to make sports betting headway there.
DraftKings might confine a possible yes/no exchange offering to states where sports betting isn't allowed, and shut it down if those jurisdictions approve sports wagering. The consensus EBITDA forecast for DraftKings' third-quarter is $51 million, but two NFL weekends remain before the end of the third quarter.
Online sportsbook outcomes have been customer-friendly late last year and into the first quarter, with player props hitting and bettors piling into the buffalo bills moneyline before the game and during the contest when the team was down 15 points.
The date is updated to September 17, 2025, 12:36h.
Read also:
- Exploring Harry Potter's Lineage: Decoding the Enigma of His Half-Blood Ancestry
- Elon Musk Acquires 26,400 Megawatt Gas Turbines for Powering His AI Project, Overlooks Necessary Permits for Operation!
- U Power's strategic collaborator UNEX EV has inked a Letter of Intent with Didi Mobility to deploy UOTTA(TM) battery-swapping electric vehicles in Mexico.
- Global Gaming Company, LINEUP Games, Moves Into Extensive Global Web3 Multi-Platform Gaming Network
