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2. FanDuel Casino
ON AUGUST 3RD, the DraftKings stock price closed at $16.82, down significantly from its 52-week high of $64.58. People are gambling on sports, but the companies aren¡¯t benefiting ¡ª at least, not on Wall Street. So what gives?
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And sports gambling is certainly a way to do that.
There are several obstacles to rehabilitation that could be unique to sports betting. While many Americans grow up hearing that a casino is a place of temptation, sporting events have a different reputation. Parents rarely worry about their children watching too much sports, and now there are gambling prompts wired into most broadcasts. There are even gambling shows on ESPN.
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