Online gambling stocks are hot again and (NASDAQ: DKNG) has ridden that wave on the market. But DraftKings has never shown a profit and it's spending billions each year to attract new customers. In this video, Travis Hoium highlights why there may be better bets for the online gambling market long term.

*Stock prices used were end-of-day prices of March 23, 2024. The video was published on March 25, 2024.

Continue reading

Source Fool.com