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Topic starter
12/06/2021 3:07 pm
Fourteen months after going public via SPAC merger in the midst of the pandemic, daily fantasy and sports betting operator DraftKings is riding a wave of fast-paced growth as more U.S. states legalize sports gambling or consider legislation to do so. After nearly doubling revenue—to over $600 million—in 2020, DraftKings now aims to surpass $1 billion this year.
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