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Business
Spandan Khandelwal

Better Buy: DraftKing vs. Boyd Gaming Corp.

BYD DKNG DraftKings UFC

DraftKings Inc. (DKNG) Headquartered in Boston, Massachusetts, DKNG functions as a digital sports entertainment and gaming company in the United States and internationally. Boyd Gaming Corporation (BYD) works as a multi-jurisdictional gaming company. It is also engaged in owning and operating a travel agency.

The increasing adoption of smartphones has been driving the online gambling market. Mobile users account for about 80% of all users in the online gambling industry in most countries. The physical casinos are also witnessing reviving foot traffic with the easing of COVID-19 restrictions.

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