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DraftKings Tumbles Despite Strong EBITDA, Addressable Market ForecastsWritten by: Todd Shriber

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DraftKings (NASDAQ:DKNG) is being taken to the woodshed today, even after the gaming company’s  investor day revealed encouraging long-term earnings before interest, taxes, depreciation and amortization (EBITDA) and total addressable market forecasts. Shares of the online sportsbook operator are lower by 8.65 percent in midday trading even after the company delivered positive remarks about margins
The post DraftKings Tumbles Despite Strong EBITDA, Addressable Market Forecasts appeared first on Casino.org.
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