analysts and investors are clamoring<\/a> for more opportunities to gain market share and generate top line growth.<\/p>\nThe operator is live with sports wagering in 17 states, combining for 36% of the US population and live with iGaming in five states, representing approximately 11% of the US population. Online casinos offer better margins and stickier customers than sports betting, and DraftKings is increasing its profile in the space via the GNOG deal.<\/p>\n
\u201cThree of the US jurisdictions where DraftKings has the potential opportunity to operate via a market access agreement or direct license — Maryland, Puerto Rico, and Ohio — have authorized mobile sports betting,\u201d said the company in a statement. \u201cThese three jurisdictions represent approximately 7% of the U.S. population and bring the percentage of the population where DraftKings expects to offer legalized mobile sports betting to approximately 43%, pending licensure and regulatory approvals.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"DraftKings (NASDAQ:DKNG) is extending its lengthy slide Friday, even after the online sportsbook operator posted first-quarter results that beat estimates and lifted its 2022 revenue outlook. In midday trading, the shares are off 6.1%, extending the one-month slide to 24.2%. The gaming stock shed 72.17% of its value over the past year. The ongoing weakness […]<\/p>\n","protected":false},"author":46,"featured_media":212373,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,1074],"tags":[],"acf":[],"yoast_head":"\n
DraftKings 2022 Outlook Fails To Stem Stock Slide<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n