March Madness Betting is Booming: Will DraftKings Stock Follow Suit? Hosted by MarketBeat StaffMarch 27, 2023 ShareLink copied to clipboard. Play video for March Madness Betting is Booming: Will DraftKings Stock Follow Suit?DetailsGuestsIn this video, we discuss DraftKings and the future outlook for the sports betting industry. The American Gaming Association projects that over $15 billion will be wagered on this year's March Madness Tournament, five times more than last year. Chris Markoch joins us to talk about DraftKings' current and future prospects. While DraftKings' stock is off to a strong start in 2023, Chris believes that the sports betting market is highly competitive and DraftKings faces significant obstacles.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDKNGDraftKings4.4987 of 5 stars$40.35+2.4%N/A-45.85 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by MarketBeat StaffMarch 27, 2023 ShareLink copied to clipboard. Play video for March Madness Betting is Booming: Will DraftKings Stock Follow Suit?DetailsGuestsIn this video, we discuss DraftKings and the future outlook for the sports betting industry. The American Gaming Association projects that over $15 billion will be wagered on this year's March Madness Tournament, five times more than last year. Chris Markoch joins us to talk about DraftKings' current and future prospects. While DraftKings' stock is off to a strong start in 2023, Chris believes that the sports betting market is highly competitive and DraftKings faces significant obstacles.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E RatioDKNGDraftKings4.4987 of 5 stars$40.35+2.4%N/A-45.85 Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatThis Crypto Is Set to Explode in DecemberIt's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this su...Crypto 101 Media | Sponsored7 Low Beta Stocks for the Risk-Averse InvestorInvesting is about balancing risk and reward. That's why regardless of market conditions, many investors with ...MarketBeatDid You See Trump’s Bombshell Exec. Order 001?Starting with what I call Exec. Order 001. It’s a bombshell law that I believe Trump will sign within minut...Banyan Hill Publishing | Sponsored10 Rock-Solid Dividend Paying Stocks to Add to Your PortfolioWhile interest rates have risen over the last few years, there's still two things that fixed-income investment...MarketBeatWARNING: “Buffett Indicator” flashing for first time in 50 yearsWarren Buffett has sold a staggering $97 billion worth of stocks this year... But why? Our research indi...Behind the Markets | Sponsored7 Russell 2000 Stocks to Buy as Sector Rotation BeginsThe myth of the Russell 2000 index is that it's a small-cap index. In reality, the index focuses on both small...MarketBeat
