DraftKings

Gambling

DraftKings Stock Haircut Could Give Way to Buying Opportunity

DraftKings first made significant headlines a few years back over the controversy on whether its contests qualified as a form of gambling. In April 2024, the company swung back to headlines with news that it was going public after completing a $3.3 billion merger that combined it with Diamond Eagle. After a year of being listed on the New York…