If you've ever watched a sports game or seen ads online, you've likely encountered DraftKings, a major player in the world of sports entertainment. But understanding how it operates, especially with the complex legal landscape of sports betting, reveals a fascinating business model.
DraftKings is trending as more states legalize online sports betting, fueling its rapid expansion and increasing its market presence.
Since the Supreme Court overturned the federal ban on sports betting in 2018, states have been progressively legalizing it.