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Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Kevin Simpson, founder and CEO at Capital Wealth Planning, joins CNBC's "Halftime Report" to detail his latest buy.
In the latest trading session, DraftKings (DKNG) closed at $42.8, marking a +1.09% move from the previous day.
DKNG eyes $750M in 2025 free cash flow as sportsbook strength and margin expansion drive profitability gains.
Flutter and DraftKings dominate the US sports betting and iGaming markets, holding a combined 66.1% market share and benefiting from economies of scale. The US sports betting market is still far from maturity, with legislative momentum and tax incentives driving further legalization and expansion opportunities. Both companies are well-positioned for growth: DraftKings offers higher upside as it nears profitability, while Flutter boasts a stable international base and superior hold rates.
DraftKings (DKNG) closed the most recent trading day at $41.32, moving 1.6% from the previous trading session.
Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming Players can use this new tool to help them manage their play across DraftKings products, reflecting the ongoing efforts of DraftKings to promote Responsible Gaming
Zacks.com users have recently been watching DraftKings (DKNG) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
DraftKings (DKNG) closed the most recent trading day at $42.24, moving 1.17% from the previous trading session.