2024-07-18 04:50:00 ET
For better or worse, I'm a huge sports fan. (I say "worse" because I tend to cheer for mediocre teams, but that's neither here nor there.) Given my liking of sports, I've been aware of the workings of sports betting for quite a while. However, even the most casual sports fans have been exposed to sports betting in the past few years.
It seems almost impossible to turn on a sports game without being bombarded with commercials from different sports betting companies and platforms. It seems almost impossible to escape at this point, but the positive is that it gives investors another industry to consider.
One company leading the charge on sports betting is DraftKings (NASDAQ: DKNG) . Although the stock has experienced many ups and downs since its initial public offering (IPO), its long-term potential remains strong.
For further details see:
1 Growth Stock Wall Street Might Be Sleeping on, but I'm Not