In the social media era, so many companies have come up with their own social feeds and failed simply because people have preferred to stay on the social feeds of record: Twitter, Instagram, Facebook and TikTok. The next move to try turning things around is an on-platform social feed that DraftKings believes could be huge. Watt and it appeared little was going right for the nation’s second-largest sports gambling brand.
Throw in a hugely viral retort about their stock price by Arizona Cardinals star defensive end J.J. The insistence of a three-year profitability plan within states they enter has, for the most part, fallen on deaf ears, as the marketing spend to win in those areas amidst a fiercely competitive landscape is what gets highlighted day after day.ĭespite doing well making a turn into NFTs, it doesn’t look like the company will be able to bank much of its future on the collectible space given its sharp turn with crypto.