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DraftKings Expands Online Sportsbook
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Overview
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DraftKings expands its online sportsbook to 26 states, projecting the U.S. online sports betting market to reach $30 billion by 2028. The company anticipates $6.2 billion in Adjusted EBITDA from state legalization. The legalization of online sportsbooks signifies a significant industry shift, with the American Gaming Association expecting record Super Bowl betting.
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How might the expansion of online sportsbooks impact traditional brick-and-mortar sports betting?
In what ways could the legalization of online sportsbooks influence the broader sports industry and related sectors?
What are the potential implications of the projected $30 billion U.S. online sports betting market?
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