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StockNews.com
StockNews.com
Business
Anushka Dutta

Is DraftKings (DKNG) a Buy in Time for Football Season?

The football season in America starts this month, with the NFL regular season kicking off. Sports betting is reaching unprecedented heights after legalization. NFL sports betting is forecasted to reach almost $24 billion during the 2023-24 season.

Popular sports betting and gaming technologies operator DraftKings Inc. (DKNG) stands to profit from the NFL season. However, the company also faces rising competition in the sports betting market.

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