With deals in place with ESPN, the New York Giants, and more, this stock is set to boom…
This story was originally published here.
It’s been a pretty exciting year for DraftKings (NASDAQ:DKNG), but the stars have aligned in such a way that DraftKings stock could… go… all… the… way.
For one, just two years after a U.S. Supreme Court decision, the sports betting market is exceeding all expectations. In fact, according to ESPN, more than $20 billion has been spent with U.S. sportsbooks since the landmark decision. Two, 18 states now have regulated sports betting markets – with more to come.
In coming years, investors say more than half of U.S. states could offer legal sports betting. Three, sports betting outfits, like DraftKings are already witnessing solid growth.
Better, investors are being offered the opportunity of a lifetime.
DraftKings stock is one of the top ways to trade it. At $52.72, DKNG is still cheap, and could at least double from here on explosive catalysts.
Editor's Note: Click here to keep reading.
How to turn $7 into $1,480 upfront by tomorrow afternoon
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Regards,
Brian Hunt
CEO, InvestorPlace
