GAN - This Gambling Stock Is a Better Buy Than DraftKings
When the online gambling market exploded in 2020 because of the pandemic, stocks like DraftKings (NASDAQ: DKNG) benefited most, and for good reason. The company's revenue jumped, investors in growth stocks saw a multidecade growth trajectory, and DraftKings made moves to potentially dominate the market.
As online gambling has slowed in 2021, stocks like DraftKings have suffered. To make matters worse, huge marketing deals signed in the past year could lead to financial losses for many years to come. While DraftKings is down and trading near 52-week lows, there's an online gambling stock that's potentially starting to gain traction in the market, and it's a great value for investors today. That company is GAN Limited (NASDAQ: GAN) .
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This Gambling Stock Is a Better Buy Than DraftKings