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FUBO - Is DraftKings Stock A Buy Or Sell With The NFL Season Back?
fuboTV Inc.
DraftKings is a fascinating business with good potential but a sky-high valuation.
Online sports betting is likely to be legal for the majority of Americans within a few years' time, providing the potential for big revenue growth for DraftKings.
However, despite the excitement behind the company, there is dilution in the capital stack, politicians with their hands out, and a high post-SPAC valuation driven by retail investors.