Sports Betting Is Booming Worldwide. Is This DraftKings Competitor Worth the Risk While Its Shares Are Under $8?
Source: Motley Fool
2025-12-20 09:00:00 ET
They say "the house always wins," but sports-betting stocks haven't exactly fared well thus far in 2025. Sportsbook pure plays such as DraftKings and Flutter Entertainment have both struggled in the market lately.
A key headwind has been the rise of prediction market platforms like Kalshi, which threaten the traditional sportsbook model.
Image source: Getty Images.
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