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New festive promotions from DraftKings

DraftKings has announced its new “Holidays On The House” promotion, which will see the operator offer customers the chance to win a share of $5 million in casino credits over the next five weeks.

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There will be a degree of flexibility when it comes to claiming this offer. Customers have the option of either claiming $100 in credits when they make a wager (with the minimum wager starting at $5) or having their deposit matched (up to a maximum of $250).

On top of this holiday promotion, DraftKings is running another campaign to entice new customers to the company. Right now, any new customers who sign up for the DraftKings Casino app and play $5 will instantly receive $100 in casino credits. These credits can be spent across over 500 different games, with options such as Aloha Christmas, Icy Wilds, Christmas Blackjack, and many more festive offerings.

This promotion comes off the back of DraftKings' recent success and momentum.

Despite this success, DraftKings has been undergoing a period of net loss. Just earlier this month, in fact, the company reported a net loss of $283.1m. This news came in tandem with the report that DraftKings' revenue rose by a whopping 57% during that same quarter, however.

It is, therefore, yet to declare a profit – but its share price will likely skyrocket the day it does.

With this festive offering, DraftKings will hope to continue its upward trajectory and secure fresh profits and continued growth in the coming year.

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