March Madness Betting is Booming: Will DraftKings Stock Follow Suit? → My next big prediction isn’t a prediction (From Porter & Company) (Ad) Hosted by MarketBeat StaffMarch 27, 2023 Share Share 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 RatioDKNGDraftKings3.5372 of 5 stars$42.66+0.8%N/A-24.38 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 MarketBeatCentral Bank Gold Heist In Progressfrom Colonial MetalsThe 10 Best Lithium Stocks to Buy for a Post Gasoline Worldfrom MarketBeat8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)from Paradigm Press20 High-Yield Dividend Stocks that Could Ruin Your Retirementfrom MarketBeatLike Tiny Crypto Retirement Fundsfrom Crypto 101 Media7 Best Stocks to Own Right Nowfrom MarketBeat DraftKings' 5% Dip: Market Warning or Buy Signal?The factors leading to the decline, explore the company's nearly 50% YOY revenue growth, and analyze the broader market trends affecting DraftKings.Recent VideosCrafting Your Portfolio's Magnificent Seven: Top Stocks for 2024Reddit IPO: Game-Changer or Meme Stock in the Making?Oracle Stock Skyrockets by 15% Featured Articles and OffersDefense Contractor Stocks Explained, Plus Investment GuidePosted March 14, 2024View Defense Contractor Stocks Explained, Plus Investment GuideAI Cracks Open Largest Untapped Energy Reserve on EarthFrom Banyan Hill Publishing(Ad)View AI Cracks Open Largest Untapped Energy Reserve on Earth$5 Billion Boost for Taiwan Semiconductor Aids Nvidia ExpansionPosted March 14, 2024View $5 Billion Boost for Taiwan Semiconductor Aids Nvidia Expansion4 Oversold Large Cap Stocks Yielding High DividendsPosted March 14, 2024View 4 Oversold Large Cap Stocks Yielding High DividendsActive Rebound: 2 Discrete Semiconductor Stocks Making MovesPosted March 12, 2024View Active Rebound: 2 Discrete Semiconductor Stocks Making MovesAI Cracks Open Largest Untapped Energy Reserve on EarthFrom Banyan Hill Publishing(Ad)View AI Cracks Open Largest Untapped Energy Reserve on Earth Search Videos: Search Articles Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by MarketBeat StaffMarch 27, 2023 Share Share 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 RatioDKNGDraftKings3.5372 of 5 stars$42.66+0.8%N/A-24.38 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 MarketBeatCentral Bank Gold Heist In Progressfrom Colonial MetalsThe 10 Best Lithium Stocks to Buy for a Post Gasoline Worldfrom MarketBeat8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)from Paradigm Press20 High-Yield Dividend Stocks that Could Ruin Your Retirementfrom MarketBeatLike Tiny Crypto Retirement Fundsfrom Crypto 101 Media7 Best Stocks to Own Right Nowfrom MarketBeat