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DraftKings continues growth amid Gen Z sports betting craze

TIKR ·

DKNG
DKNG DraftKings Inc
$19.60 +5.43%
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  1. 166% of Gen Z investors recorded participation in sports betting.
  2. 2DraftKings achieved $115 million in adjusted EBITDA last quarter.
  3. 3CEO Jason Robins stated that July handle increased 20% year-over-year.

So what's the key point?

The younger generation is enjoying sports betting a lot. DraftKings is making money well with a 20% increase in handle.

Source TIKR · View original ↗

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