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home / news releases / draftkings new deep pocked entries pose no challenge

PDYPY - DraftKings: New Deep Pocked Entries Pose No Challenge To Its Market Share

Paddy Power Betfair PLC ADR

2024-04-24 12:20:52 ET

Summary

  • DraftKings Inc. aims to maintain its 40%+ market share amidst new competitors entering the market.
  • DraftKings is projected to become profitable in 2023, with revenue expected to reach $4.77 billion in 2024.
  • The success of new entrants, such as BetESPN and Fanatics, will depend on their acceptance by the market and their ability to retain customers.

DraftKings: Maintaining market share as new deep pocketed competitors arrive will to be a key to sustaining a 40%+ share of market ...

For further details see:

DraftKings: New Deep Pocked Entries Pose No Challenge To Its Market Share
Stock Information
Company Name: Paddy Power Betfair PLC ADR
Stock Symbol: PDYPY
Market: OTC
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