TSX:BTCC 27 January 2026

July 6, 2026, 2:57 PM EDT. DraftKings (NASDAQ:DKNG) posted first-quarter revenue of $1.65 billion, up 16.8% from a year ago and matching analyst estimates. The company topped expectations for adjusted operating income, but its full-year revenue forecast came in below the Street, and monthly active users fell 2.3% to 4.2 million. The consumer discretionary gaming solutions group, which covers core gambling tech, managed a 2.9% revenue surprise and average share price gains of 11.2% after results. Sector growth got a lift from more states approving sports betting and higher digital adoption. Still, the group is feeling pressure from regulation and big R&D spending. DraftKings shares gained 2.5% after the numbers, last seen at $25.86. Caution is sticking around as investors eye competitive risks and uneven user trends in the sector.