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BOSTON, Feb. 26, 2021 (GLOBE NEWSWIRE) DraftKings Inc. (NASDAQ:DKNG) ( DraftKings or the Company ) today reported fourth quarter and full-year 2020 financial results.
Fourth Quarter 2020 Highlights
For the three months ended December 31, 2020, DraftKings reported revenue of $322 million, an increase of 146% compared to $131 million during the same period in 2019. After giving pro forma effect to the business combination with SBTech (Global) Limited ( SBTech ) and Diamond Eagle Acquisition Corp. which was completed on April 23, 2020, as if it had occurred on January 1, 2019, revenue grew 98% compared to the three months ended December 31, 2019. With a favorable fourth quarter sports calendar and strong marketing execution, DraftKings was able to generate tremendous customer acquisition and engagement that propelled us to $322 million in fourth quarter revenue, a 98% year over year increase, said Jason Robins, DraftKings co-founder, CEO and Chairman of the Board. I
Advertising Titans Join AFC South Teams in Making Donation in Support of Texans and Houston Community Impacted by Winter Storms Feb 24, 2021 at 01:58 PM Tennessee Titans
NASHVILLE – The Tennessee Titans have joined the Jacksonville Jaguars and Indianapolis Colts in supporting their fellow AFC South Division member, the Houston Texans.
The three AFC South rivals made a joint donation of $100,000 to the Houston/Harris County 2021 Winter Storm Relief Fund following the severe winter weather that swept through the country last week.
The NFL Foundation will match the donation of the AFC South clubs, bringing the total donation amount to $200,000. It is an honor to join our colleagues in the AFC South and at the NFL Foundation in supporting the Houston community as they recover from the devastating effects of the winter storm, said Amy Adams Strunk, controlling owner of the Titans. As a native of the area, I know the region w
Clarksville Now
CLARKSVILLE, TN (CLARKSVILLE NOW) – The Community Foundation of Middle Tennessee, a charitable organization dedicated to enriching the quality of life in the 40 Middle Tennessee counties it serves, announces $2,246,667 in grants to 350 nonprofit organizations as part of the 2020 annual grantmaking process.
Clarksville-Montgomery County Public Library has received a $5,000 grant to provide books for Imagination Library of Montgomery County.
“The work of our nonprofit partners has never been more important as we watch needs emerge and evolve in this community,” said Ellen Lehman, president of The Community Foundation of Middle Tennessee. “The Community Foundation is honored to connect generosity with need through these annual grants and other avenues throughout the year, but we couldn’t have an impact without the array of quality nonprofits offering solutions to our community’s needs and vital services to our neighbors.”