Share:
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
Oakdale mass vaccination site in Wallingford close to launchÂ
Oakdale mass vaccination site in Wallingford close to launchÂ
The Toyota Oakdale Theatre, seen Thursday in Wallingford. The Oakdale is slated to become one of Hartford HealthCareâs s vaccination centers. Dave Zajac, Record-Journal Advertisement
The Toyota Oakdale Theatre in Wallingford, Mon., Jan. 18, 2021. Dave Zajac, Record-Journal
Wallingford Fire Department EMS Lt. Michael Krupinski administers the COVID-19 vaccine to Gail Morse, of Wallingford, at the Wallingford Senior Center, Thurs., Jan. 28, 2021. Dave Zajac, Record-Journal
Seniors briefly wait outside before checking in to receive the COVID-19 vaccine at the Wallingford Senior Center in January.File photo, Record-Journal
HHC shifts second-dose from MidState in Meriden to Oakdale in Wallingford myrecordjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from myrecordjournal.com Daily Mail and Mail on Sunday newspapers.
The future of gambling in Connecticut has been a hot-button issue for years, but it could come to a head in 2021 with increasing bipartisan support for the legalization of sports and/or online betting.
Two men who will play key roles in how the issue plays out are Connecticut casino leaders Rodney Butler and Chuck Bunnell. They are lead negotiators on gambling legislation for the parent companies of Foxwoods Resort Casino and Mohegan Sun, respectively.
In his recent two-year budget proposal, Gov. Ned Lamont included $50 million in revenue from new online gambling platforms, including sports betting, signaling strong support for expanded gaming.
The gradual trend of companies relying on gig workers, the sudden blurring of home and work during the pandemic, and the decades-long weakening of unions