Tag: sports betting

  • The Top Ways to Trade the Sports Betting Boom

    The Top Ways to Trade the Sports Betting Boom

    Keep an eye on sports betting stocks. Just days ago, New York Gov. Cuomo signed 2022 budget legislation that includes plans to allow online sports betting.  “The state will select two online platform providers for the program, with bidding expected to run throughout 2021, according to ESNY, as quoted by Sports Illustrated. The state now joins…

  • Here’s Why DraftKings Could Soon Rally to $100 a Share

    Here’s Why DraftKings Could Soon Rally to $100 a Share

    Online gambling and sports betting could send DraftKings (DKNG) to $100 share. That’s according to Loop Capital analyst Daniel Adam who now has a buy rating on the stock because of a $30 billion addressable sports wagering and gaming market. In addition, he says DKNG is the play on the online sports better boom and…