Topic: How To Invest

Power Growth Investor Hotline – Friday, September 2, 2022

Article Excerpt

DRAFTKINGS INC., $15.49, is still a buy. The digital sports entertainment and gaming company (symbol DKNG on Nasdaq) currently provides sports betting in several U.S. states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Louisiana, Michigan, Mississippi, New Hampshire, New Jersey, New York, Oregon, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. As well, it recently launched its online sportsbook and online casino products in Ontario. Apart from sports betting, the company also lets customers pick athletes and build fantasy teams competing across a range of professional sports. Other offerings include a mobile app for playing casino games such as blackjack and roulette. DraftKings has announced that as of today, September 1, 2022, it’s launching its online sportsbook in Kansas. Kansas is now the 18th U.S. state in which the company offers its online sportsbook and adds to DraftKings’ total sports betting footprint that now spans 19 U.S. states and Ontario. Ahead of one of the busiest times of the year for sport betting activity with the…