NFL season is here: DraftKings CEO on what bettors can expect [Yahoo! Finance Canada]
DraftKings Inc. - Class A (DKNG)
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Source: Yahoo! Finance Canada
but are also opening their preferred sports betting apps, hoping to score big. DraftKings CEO Jason Robins joins Yahoo Finance host Josh Lipton to discuss the impact of the NFL season on the sports betting industry. Robins refers to the NFL season as the "holiday season" for DraftKings ( DKNG ), characterizing it as the peak period for the company with an influx of new customers and "the biggest time in overall betting." Robins highlights the company's focus on innovation, particularly their emphasis on touchdown betting for this football season. "There's a lot of momentum right now in the industry. I think as one of the leading operators, DraftKings is benefiting from that," he states. Discussing user demographics, Robins points out an increasing engagement from women, both in terms of placing bets and interest in women's sports betting markets. He adds that the average age of bettors remains in the early to mid-30s range. Addressing market competition, Robins expresses confi
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- DraftKings Inc. (NASDAQ: DKNG) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $60.00 price target on the stock.MarketBeat
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- 8/1/24 - Beat
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- 9/4/24 - Form 4
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