Can DraftKings Sustain Blistering Revenue Growth?
Mobile gambling has been growing revenue at a blistering pace for the past several years. A big reason for that was the boost created by pandemic lockdowns when folks could not visit casinos to place wagers. Mobil gambling leader DraftKings (NASDAQ: DKNG) was one of the top beneficiaries.
Casinos have been allowed to reopen, gambling enthusiasts are feeling more comfortable returning to crowded casinos, and DraftKings expects a slowdown this year as a result. The company has also been working hard to develop new markets but has encountered some challenges along the way.
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Source Fool.com
