FanDuel CEO Forecasts Profitability Amid Rising Competition
FanDuel CEO Amy Howe recently reiterated that the largest US online sportsbook will be profitable this year. This is even though the landscape is growing increasingly competitive. They were already profitable the first half of the year. FanDuel and DraftKings currently combine for 76% of the US online sports wagering market. So what do you do if you want to bet on sports, but do not live in one of the states in the United States where it is legal to do so? Not everyone can place bets on FanDuel or DraftKings currently in the USA. Online sports betting is not legal in every state in the United States. We can help.
DraftKings is king of online gaming stocks says analyst. Its stock gained 26.69% this week taking its year to date rise to 196.31%. DraftKings is royalty among online gaming equities. That is the sentiment of Macquarie analyst Chad Beynon. He recently increased his price target from $38 to $42. That implies upside of 24.44% from Friday’s closing point of $33.75.
If it is slots you are looking for, you can play the very best USA online slots at the online casinos we recommend. They all welcome and accept USA players. But if you are looking to wager on sports we have the place for you. And even if you live in a state where sports betting is legal you’ll want to check out BetOnline casino. You can do that on our slots reviews page. They are pretty much the best online casino in the industry. They have it all including slots, sports betting, table games, and horse racing.
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