Betting on sports? Here's why it's a game-changer for fans [Globe and Mail, The (Toronto, Canada)]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Globe and Mail, The
In January, 2022, on a whim and a touch of peer pressure, Sam Jadavji placed a $25 bet during the third quarter of a Minnesota vs. New Orleans NBA game. He won $20.83. “I watch sports anyway,” he says, “so why not make some money while I'm at it?” What started as a casual experiment has become a booming pastime for Canadians. With single-game sports betting now legal, fans like Jadavji are finding new ways to connect with their favourite teams, elevate the excitement and even turn a profit – if they play it smart. Since the federal government legalized single-game sports betting in 2021, sports betting has grown into a multibillion-dollar industry in this country, while the fantasy sports market in North America is predicted to reach US$21.46-billion by 2028. But both practices have also become major drivers of engagement in Canadian sports culture. Platforms like DraftKings and FanDuel have made it easier for fans to get involved, transforming their passion for sports into eco
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News
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- DraftKings Announces Jason Robins’ Participation in Upcoming EventGlobeNewswire
- MLB players' union affiliate reaches agreement with FanDuel after agreeing to dismiss lawsuit [Yahoo! Finance]Yahoo! Finance
- Best Steelers vs Browns Betting Promos | Get $6300+ in Bonuses Today [USA TODAY]USA TODAY
DKNG
Earnings
- 11/7/24 - Beat
DKNG
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- 12/3/24 - Form 4
- DKNG's page on the SEC website