DraftKings Continues State-by-State Expansion in Q3

Mobile gaming company DraftKings (NASDAQ: DKNG) reported fiscal third-quarter results in early November. The announcement revealed a continued expansion into new territories for its online products. 

The company is gaining momentum following a wave of legalization by U.S. states for mobile sports betting and iGaming. In its third quarter, DraftKings added Arizona and Wyoming to the list of states where it offers mobile sports betting, and Connecticut to its smaller list of states where it offers iGaming. 

Image source: Getty Images.

Continue reading

Source Fool.com