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DraftKings Pares Ad Spending, But Will It Last?Written by: Todd Shriber

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DraftKings (NASDAQ:DKNG) stock is higher by 16.40% over the past week — a surge fueled in large part by the company lifting its 2022 revenue outlook while cutting its full-year earnings before interest, taxes, depreciation and amortization (EBITDA) estimate. Perhaps to the delight of some investors, the gaming firm also dramatically curbed marketing spending in
The post DraftKings Pares Ad Spending, But Will It Last? appeared first on Casino.org.
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