Evaluating DraftKings (DKNG) Valuation After New Crypto.com Partnership And Super Bowl Betting Surge
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DraftKings (DKNG) has drawn fresh attention after announcing a partnership with Crypto.com | Derivatives North America to broaden DraftKings Predictions, including new player specific NFL and NBA contracts and future categories such as politics.
This news comes at the same time that Super Bowl activity is expected to drive heavy sports wagering interest, prompting investors to reassess how DraftKings’ growing prediction markets, product reach and regulatory footprint might influence the company’s long term positioning and risk profile.
See our latest analysis for DraftKings.
Despite the Crypto.com…
