"DraftKings' Potential for 2024 Soars"

1 min read
Source: The Motley Fool
"DraftKings' Potential for 2024 Soars"
Photo: The Motley Fool
TL;DR Summary

DraftKings' stock, which experienced a significant surge in 2023, may continue its momentum in 2024 due to the increasing legalization of sports betting in various states, the company's improving financial performance, and the overall growth of the online sports betting market. With 37 states and Washington, D.C., legalizing sports betting and DraftKings becoming the U.S. leader in online gambling, the company is well positioned to capitalize on the expanding market and maintain its leadership position.

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