3 Reasons to Buy DraftKings Stock Right Now

The COVID-19-inspired pauses and delays of major sports leagues were devastating to sports betting company DraftKings (NASDAQ: DKNG), which derives a significant portion of its revenue from contests that wager on the outcome of sporting events.

Now, with the NBA and MLB seasons set to resume later this month, DraftKings is ready to make up some of its lost ground. Let's take a closer look at three reasons why DraftKings stock is a buy. 

DraftKings has over 700 thousand monthly unique players. Image source: Getty Images.

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Source Fool.com