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MarketBeat
MarketBeat
Jordan Chussler

Football Season Is Here and DraftKings Stock Is Surging

Since last February, football fanatics have been eagerly awaiting the return of the NFL season. Last week, while loyalists donned their jerseys and ordered their wings, shareholders of one consumer discretionary stock were also being rewarded.  

Currently, 38 states, Washington, D.C., and Puerto Rico have legalized sports betting, and sportsbook companies like DraftKings (NASDAQ: DKNG) have been raking it in.

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