DraftKings: A Long-Term Bet On Online Gambling Growth

Hirurg DraftKings Inc. (NASDAQ:DKNG) has been trending upwards since late 2022 as its stock is up 90% over the past year and 15% on a YTD basis. With that in mind, I believe DraftKings has more upside to realize in the coming years due to the substantial growth in online gambling and sports betting more specifically. This is seen by the record betting activity on this year’s Super Bowl, as well as the men’s and women’s NCAA Basketball tournaments. In my opinion, the growth witnessed by the sports bettin ...