DraftKings (DraftKings) Current Deferred Revenue : $44 Mil (As of Dec. 2023)

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What is DraftKings Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

DraftKings's current deferred revenue for the quarter that ended in Dec. 2023 was $44 Mil.

DraftKings Current Deferred Revenue Historical Data

The historical data trend for DraftKings's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DraftKings Current Deferred Revenue Chart

DraftKings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Deferred Revenue

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1.58

40.52

43.63

DraftKings Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Deferred Revenue	Get a 7-Day Free Trial															40.52	-	-	-	43.63

DraftKings Current Deferred Revenue Related Terms

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DraftKings (DraftKings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (NAS:DKNG) » Definitions » Current Deferred Revenue

Comparable Companies

Traded in Other Exchanges

DKNG:Mexico 8DEA:Germany D2KN34:Brazil

Address

222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116

Website

https://www.draftkings.com

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

Executives

Jason Robins	director, officer: See Remarks	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Matthew Kalish	director, officer: See Remarks	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Paul Liberman	director, officer: See Remarks	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
R Stanton Dodge	officer: Chief Legal Officer	ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jason Park	officer: Chief Financial Officer	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Erik Bradbury	officer: Chief Accounting Officer	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marni M Walden	director	1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Shalom Meckenzie	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Ryan R Moore	director	56 WAREHAM STREET, 3RD FLOOR, BOSTON MA 02118
Jocelyn Moore	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Steven Joseph Murray	director	C/O SOFTBANK CAPITAL, 38 GLEN AVENUE, NEWTON MA 02459
Woodrow Levin	director	535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Harry Sloan	director	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Valerie Mosley	director	TWO INTERNATIONAL PLACE, BOSTON MA 02110
Hany M Nada	director	800 MARKET STREET #800 SAN FRANCISCO CA 94102