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Prediction: DraftKings Will Soar Over the Next 5 Years. Here's 1 Reason Why.
DKNGDraftKings(DKNG) The Motley Fool·2024-09-10 11:08

The sports betting company's business is still growing, even four years after it's set up shop in a given state. With sports betting now legal in 38 states, it's easy to presume DraftKings' (DKNG 2.85%) highest-growth era is in the past. DraftKings' fantasy sports is offered in all of them (plus a few more), while its sportsbook app is available in 25 of them. More states are apt to legalize sports-based wagering, but that could take more time and effort than was needed to get the first 38 on board. Such an ...