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Posted by
Two Blokes May 20, 2025 -
Filed in
Stock
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7 views
DraftKings is nearing profitability, potentially as soon as 2025, driven by improving margins and disciplined cost management. Despite a slightly disappointing Q1, DraftKings is gaining market share and benefiting from the ongoing legalization of online betting. The company's premium valuation is justified by its strong US exposure, high growth outlook, and steady progress toward free cash flow.
