DraftKings CEO Jason Robins Says 15-16 Months Ago, Co. Began To Focus Heavily On Costs And Has Been Able To Cut Hundreds Of millions Of Costs
Portfolio Pulse from Benzinga Newsdesk
DraftKings CEO Jason Robins revealed that the company began focusing heavily on cost-cutting measures 15-16 months ago, resulting in savings of hundreds of millions of dollars.
May 24, 2023 | 3:37 pm
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DraftKings has successfully cut hundreds of millions in costs over the past 15-16 months, which could improve its financial position.
The cost-cutting measures implemented by DraftKings have resulted in significant savings, which could lead to improved financial performance and potentially boost investor confidence in the short term.
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