What happened Shares of DraftKings (NASDAQ: DKNG) are falling 5% in morning trading after the sports-wagering outfit reported second-quarter results that struck out on hitting analyst earnings expectations. So what Although revenue was up 24% to $70 million as it got creative, developing new products for NASCAR, golf, and other sports not traditionally in the mainstream of sports betting, expenses rose much faster, particularly stock-based compensation for chair and CEO Jason Robins, which caused general and administrative costs to triple. Image source: Getty Images. Now what The lack of most sporting events in the quarter weighed on DraftKings' results, but pro baseball, basketball, and football are getting back into the swing of their seasons again. The sports-betting leader says it is expecting revenue in the second half of 2020 to jump 22% to 37% as a result, which suggests it's a good bet today's drop will be transient. 10 stocks we like better than DraftKings Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and DraftKings Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source