March Madness Betting is Booming: Will DraftKings Stock Follow Suit? Hosted by Laycee KluinMarch 27, 2023 ShareLink copied to clipboard. Play video for March Madness Betting is Booming: Will DraftKings Stock Follow Suit?DetailsGuestsIn this video, we discuss DraftKings and the future outlook for the sports betting industry. The American Gaming Association projects that over $15 billion will be wagered on this year's March Madness Tournament, five times more than last year. Chris Markoch joins us to talk about DraftKings' current and future prospects. While DraftKings' stock is off to a strong start in 2023, Chris believes that the sports betting market is highly competitive and DraftKings faces significant obstacles.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDKNGDraftKings4.4749 of 5 stars$35.08+0.6%N/A-33.09 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by Laycee KluinMarch 27, 2023 ShareLink copied to clipboard. Play video for March Madness Betting is Booming: Will DraftKings Stock Follow Suit?DetailsGuestsIn this video, we discuss DraftKings and the future outlook for the sports betting industry. The American Gaming Association projects that over $15 billion will be wagered on this year's March Madness Tournament, five times more than last year. Chris Markoch joins us to talk about DraftKings' current and future prospects. While DraftKings' stock is off to a strong start in 2023, Chris believes that the sports betting market is highly competitive and DraftKings faces significant obstacles.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDKNGDraftKings4.4749 of 5 stars$35.08+0.6%N/A-33.09 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatWhite House to reset Social Security?Elon Musk's parting DOGE gift looks set to shock America... A single announcement by July 22nd could soon b...Altimetry | Sponsored7 Cybersecurity Investments to Protect Your Portfolio, Your Data Investors who were adults before the dawn of the internet can be forgiven for being amazed, and sometimes be...MarketBeatA grave, grave error.I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we...Porter & Company | Sponsored7 Uranium Stocks That Can Fuel a Growth Portfolio Investing in commodity stocks can be tricky, and uranium stocks are no exception. The spot price of uranium ...MarketBeatThis Signal Only Flashes Once Every 4 Years – And It Just TriggeredThis same signal has appeared twice before in the past 8 years — both times, it kicked off major moves in cryp...Crypto Swap Profits | Sponsored7 Growth Stocks Positioned for Further Growth In 2023 and 2024, the stock market outperformed analyst expectations, with the S&P 500 index gaining ove...MarketBeat