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DraftKings cuts 2026 adjusted EBITDA guidance to 175 million to 275 million dollars from 700 million to 900 million dollars as prediction market spending rises, TradersUnion reports
- DraftKings cuts 2026 adjusted EBITDA guidance to 175 million to 275 million dollars from 700 million to 900 million dollars as prediction market spending rises, TradersUnion reports — TradersUnion reports DraftKings lowered its 2026 adjusted EBITDA guidance to 175 million to 275 million dollars, from 700 million to 900 million dollars, citing up to 700 million dollars in prediction market investment. Its new 2027 adjusted EBITDA forecast of 800 million to 1 billion dollars also fell short of Bloomberg consensus of about 1.1 billion dollars. (TradersUnion)
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