DraftKings (DKNG) Gains Market Share in New York Betting Market

DraftKings Inc. (NASDAQ:DKNG) ranks among the best misdeed stocks to bargain successful 2026. Citing DraftKings Inc. (NASDAQ:DKNG)’s caller show successful the New York market, Benchmark reaffirmed its Buy standing and $37 terms people connected the company’s shares connected December 1. Through Week 12 of this season, New York’s sports betting manufacture has shown beardown year-over-year growth, with grip up 12.7% and gross up 16.2% erstwhile compared to the aforesaid play past year.

Despite a somewhat weaker clasp complaint of 8.3% compared to the authorities mean of 9.3%, DraftKings Inc. (NASDAQ:DKNG) has crossed the marketplace erstwhile it comes of volume, with its grip up 15.6% year-over-year and gross up 13.1%. According to Benchmark, the sports betting marketplace successful New York thrives connected relationship of a balanced exemplary wherever FanDuel supports borderline enlargement and DraftKings Inc. (NASDAQ:DKNG) promotes grip growth, resulting successful an wide affirmative inclination for the state’s betting outcomes.

Furthermore, DraftKings Inc. (NASDAQ:DKNG) is getting acceptable to widen its sports betting concern to Missouri, wherever it planned to unfastened a mobile sportsbook connected December 1. The Missouri Gaming Commission has granted the institution a impermanent mobile sports wagering license, enabling it to relation connected its own. This licence represents important enlargement for DraftKings Inc. (NASDAQ:DKNG), arsenic Missouri becomes the 29th authorities wherever it provides regulated sports betting.

DraftKings Inc. (NASDAQ:DKNG) is simply a integer sports amusement and gaming institution that offers sports betting, integer lottery courier, regular phantasy sports, and different products. Additionally, it offers online casino games, including roulette, slot machines, blackjack, and baccarat.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.