By Amber Deter DraftKings is a sports betting outfitter with a 60% share of the market. And analysts estimate it to be worth billions down the road. As more states legalize sports betting, the market widens for DraftKings’ taking. Now, the company looks to expand operations throughout the U.S. And the best way to do that is offering a DraftKings IPO.
The company has announced that its going public. With this news, investors are anxious to get a piece of the action. But if investors are expecting a traditional IPO process, they’re in for a surprise.
DraftKings IPO: The Business …read more