DraftKings Prepares to Launch Its Sportsbook & Casino App on Google Play

Several online sports betting companies saw their stock values climb Thursday, including DraftKings (NASDAQ: DKNG) and Penn National Gaming, after Reuters discovered and revealed changes made to Google's (NASDAQ: GOOG) policies back on Jan. 20. Those policy changes will enable companies to place gambling apps, including sports betting apps, on the Google Play store available to U.S. users.

DraftKings is preparing to pounce on the opportunity, according to a report by 9to5Google. Up until this point, DraftKings' Sportsbook & Casino app has not been available through Google Play, though it has been through Apple's App Store, among other channels. However, on March 1, Google says companies in "Australia, Belgium, Canada, Colombia, Denmark, Finland, Germany, Japan, Mexico, New Zealand, Norway, Romania, Spain, Sweden, and the United States" can also list betting apps on Google Play.

Image source: Getty Images.

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Source Fool.com