{"id":201744,"date":"2022-02-16T10:02:52","date_gmt":"2022-02-16T18:02:52","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=201744"},"modified":"2022-02-16T12:16:02","modified_gmt":"2022-02-16T20:16:02","slug":"draftkings-promotional-spending-chipped-away-at-q4-ngr","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-promotional-spending-chipped-away-at-q4-ngr\/","title":{"rendered":"DraftKings Promo Spending Likely Eroded Q4 Net Revenue, Says Analyst"},"content":{"rendered":"
Online sportsbook operators are known for spending big to attract customers, and DraftKings (NASDAQ:DKNG) is no exception to that trend. But at least one analyst is concerned about the company’s promotional expenditures eating at fourth-quarter net gaming revenue (NGR).<\/p>\n