DraftKings is leader in the online betting space, and has seen upside analyst revisions on the revenue side. This is likely due to the increased likelihood that DKNG will become legalized in more US states over the coming months as an additional source of revenue for states. The trailing 12 months of revenue for DNKG is $551 million, and analysts are expecting this to more than double to $1.2B by 2022.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.