
DraftKings Inc. (DKNG) is a digital sports and gaming company. It offers multi-channel sports betting and gaming technologies. The company operates iGaming, Golden Nugget Online Gaming, Sportsbook, and DraftKings Marketplace.
The football season in the United States has kicked off, which has boosted the sports betting market. Record number of people betting on outcomes as sports betting is becoming increasingly normalized. Increased sports betting volume during the NFL season is expected to boost online betting stocks in the short term.