Analysts See Billion-Dollar Future for DraftKings Predictions
DraftKings’ push into prediction markets could develop into a business worth more than $1 billion in annual revenue by the end of the decade, according to a new analysis from Citizens Equity Research that highlights the growing significance of the company’s event-contract strategy. In a research note (pdf) published June 19, analysts Jordan Bender and Isabelle Slavin outlined projections suggesting that DraftKings Predictions could become a major contributor to the company’s long-term value if it secures a meaningful share of […] The post Analysts See Billion-Dollar Future for DraftKings Predictions appeared first on World Casino News.
DraftKings’ push into prediction markets could develop into a business worth more than $1 billion in annual revenue by the end of the decade, according to a new analysis from Citizens Equity Research that highlights the growing significance of the company’s event-contract strategy. In a research note (pdf) published June 19, analysts Jordan Bender and Isabelle Slavin outlined projections suggesting that DraftKings Predictions could become a major contributor to the company’s long-term value if it secures a meaningful share of […]
The post Analysts See Billion-Dollar Future for DraftKings Predictions appeared first on World Casino News.
