March Madness Betting is Booming: Will DraftKings Stock Follow Suit? Hosted by Laycee KluinMarch 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 RatioDKNGDraftKings4.6674 of 5 stars$38.50-0.4%N/A-36.37 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 MarketBeatNow that Trump’s be inaugurated, this day will be key (mark your calendar)Mark your calendar for March 13th. Because on that day, I believe we could see a $2 Trillion shock INTO the...Timothy Sykes | Sponsored13 Stocks With Strong Institutional BuyingHedge funds, university endowments, pension funds, and sovereign wealth funds have been pouring money into an ...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | Sponsored7 Flying Car Stocks to Buy Before the Sector Really Takes Off We could be entering the age of the electric vertical take-off and landing vehicle (eVTOL), more commonly kn...MarketBeatDOGE officially begins retirement transformationElon Musk's Department of Government Efficiency ("DOGE") just announced the first-ever "fully digital retireme...Altimetry | Sponsored20 "Past Their Prime" Stocks to Dump From Your PortfolioDid you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ...MarketBeat Remove Ads Listen to MarketBeat Other Platforms Recent Videos Featured Articles and OffersWarren Buffett Swaps VOO for This Reliable Dividend StockMarch 7, 2025View Warren Buffett Swaps VOO for This Reliable Dividend StockForget the chainsaw … Here’s DOGE’s next moveFrom Weiss Ratings(Ad)View Forget the chainsaw … Here’s DOGE’s next moveArcher Aviation Stock Climbs as Midnight eVTOL Nears RealityMarch 10, 2025View Archer Aviation Stock Climbs as Midnight eVTOL Nears RealityOccidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?March 6, 2025View Occidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?These 3 Iconic Brands Just Announced Bigger Dividend PayoutsMarch 7, 2025View These 3 Iconic Brands Just Announced Bigger Dividend PayoutsYour Wealth is Under AttackFrom American Alternative(Ad)View Your Wealth is Under Attack Search Headlines Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Hosted by Laycee KluinMarch 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 RatioDKNGDraftKings4.6674 of 5 stars$38.50-0.4%N/A-36.37 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 MarketBeatNow that Trump’s be inaugurated, this day will be key (mark your calendar)Mark your calendar for March 13th. Because on that day, I believe we could see a $2 Trillion shock INTO the...Timothy Sykes | Sponsored13 Stocks With Strong Institutional BuyingHedge funds, university endowments, pension funds, and sovereign wealth funds have been pouring money into an ...MarketBeatURGENT: This Altcoin Opportunity Won’t Wait – Act NowCrypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days. It happen...Crypto Swap Profits | Sponsored7 Flying Car Stocks to Buy Before the Sector Really Takes Off We could be entering the age of the electric vertical take-off and landing vehicle (eVTOL), more commonly kn...MarketBeatDOGE officially begins retirement transformationElon Musk's Department of Government Efficiency ("DOGE") just announced the first-ever "fully digital retireme...Altimetry | Sponsored20 "Past Their Prime" Stocks to Dump From Your PortfolioDid you know the S&P 500 as we know it today does not look anything close to what it looked like 30 years ...MarketBeat