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Sports Betting Stocks Gain In June

July 6, 2022 1


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Sports Betting Stocks Gain In June

In the four years since it was legalized, sports betting in the U.S. has pulled in over $125 billion and a lot of that has come from only a few sportsbooks. DraftKings (DKNG) is up +10.20% for the month of June while its close competitor, Caesars Sportsbook (CZR) trailed +9.68%. BetMGM and FanDuel are not publicly traded but each have played a role in achieving that number.

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