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Stock impact report

Missouri launches sports betting as pressure on the last holdouts builds [Seeking Alpha]

DraftKings Inc. - Class A (DKNG) 
Company Research Source: Seeking Alpha
Analysts expect a highly competitive online market for the 19th largest state, anchored by national brands and local team partnerships. The first-year handle in the Show Me State is expected to be $3.5 billion Quick Insights Analysts expect Missouri's first-year sports betting handle to be $3.5 billion to $4.0 billion. Operators launching include bet365, BetMGM, Caesars Sportsbook, Circa Sports, DraftKings, Fanatics Sportsbook, FanDuel, and theScore Bet (ESPN BET rebrand). Prediction markets may prompt more states to legalize sports betting, with some analysts forecasting nationwide legalization within five years. More Trending News Show less Read more
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