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Is DraftKings a Top Growth Stock for the Next Decade?

DraftKings Inc. (NASDAQ: DKNG) has emerged as one of the most prominent players in the booming online sports betting and iGaming industries. As the digital gambling space expands in size and legitimacy, investors are left wondering: Does DraftKings have what it takes to become one of the top growth stocks of the next decade? With a […]

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DraftKings Inc. (NASDAQ: DKNG) has emerged as one of the most prominent players in the booming online sports betting and iGaming industries. As the digital gambling space expands in size and legitimacy, investors are left wondering: Does DraftKings have what it takes to become one of the top growth stocks of the next decade?

With a market cap of $16.64 billion, a five-year beta of 2.15, and a recent stock price hovering around $33, DraftKings is at the intersection of sports, tech, and entertainment. It’s a company that reflects both volatility and potential. Over the past six months, the stock has been down 9.7%, but that only tells part of the story. A broader look reveals aggressive expansion, increased market penetration, and an ambitious roadmap that positions the company for long-term upside.

The stock’s 52-week range—$28.69 to $53.61—shows the volatility common in high-growth sectors. After peaking above $50 in February 2025, DKNG has recently consolidated around the low-to-mid $30s. This dip could present a strategic entry point for investors with a longer time horizon.

Betting on the Future: Market Trends and Momentum

DraftKings operates in an industry that is currently transforming. The legalization of online sports betting in more than 30 U.S. states and growing global interest have helped accelerate demand. The total addressable market (TAM) is massive. By some projections, the U.S. sports betting market alone could reach over $60 billion annually by the end of the decade. That doesn’t include international expansion or complementary verticals like daily fantasy sports, iGaming, and online casino platforms.

What sets DraftKings apart is its brand recognition and first-mover advantage. As one of the first to scale rapidly following U.S. legalization in 2018, it established key partnerships with major sports leagues, media companies, and teams. In the age of fan engagement and real-time interactivity, that network effect matters more than ever.

Just as importantly, DraftKings has invested heavily in its product experience. Its mobile app is sleek, data-rich, and sticky, keeping users engaged beyond just game-day bets. A major part of that stickiness is its promotional strategy. DraftKings provides a bonus to new users in the form of risk-free bets or deposit matches, helping to attract customers in a fiercely competitive space. These kinds of offers don’t just acquire users—they create habits. And as the market matures, it’s those habits that will separate profitable companies from the rest.

Financial Performance and Investor Sentiment

At the time of writing, DraftKings trades at around $33.29, just above its recent lows. The company’s earnings per share (EPS) remain negative at -1.05, and there is currently no price-to-earnings (P/E) ratio listed. This isn’t uncommon for high-growth firms reinvesting heavily into their infrastructure, marketing, and market expansion.

The company’s average volume sits at 11.8 million shares, with a daily volume of 6.4 million, indicating healthy liquidity. The relatively high beta (2.15) suggests that the stock is more volatile than the broader market, again, typical of a growth-oriented, tech-style equity in an emerging industry.

Looking ahead, DraftKings has an earnings report scheduled for May 8, 2025. Investors will be watching closely for updates on revenue growth, user acquisition costs, profitability timelines, and geographic expansion. If the company hits or beats expectations, that could spark renewed upward momentum.

Wall Street remains cautiously optimistic. Analysts have placed a one-year target estimate as high as $54.14, suggesting a potential 60% upside from current levels. That’s significant, but it comes with caveats. For long-term investors, short-term price movements should matter less than the structural trajectory of the business.

DraftKings as a Tech-Driven Consumer Brand

It’s tempting to view DraftKings purely through the lens of gambling or entertainment, but that overlooks its identity as a tech-first company. Its platform runs on data, AI, and rapid iteration. The app personalizes promotions, tracks player behavior, and integrates real-time statistics for a seamless betting experience. It’s a software company disguised as a sportsbook.

That matters in today’s landscape. As more states legalize betting, competition will grow—but so will opportunities to create smarter, more tailored user journeys. DraftKings is already using predictive analytics to shape its odds, pricing, and promotional offers. It’s building a moat around its platform that’s based not just on brand, but on functionality.

The company is also exploring adjacent technologies—NFTs, digital collectibles, in-app games, and integrations with fantasy sports leagues—that could increase user engagement and average revenue per user (ARPU). In a world where attention is the most valuable currency, these strategies aim to keep DraftKings front and center on users’ screens.

Risks and Roadblocks

No investment is without risk, and DraftKings has a few that investors should note. The path to profitability is still ongoing. With a negative EPS and no P/E ratio currently listed, the company is clearly in growth mode, prioritizing expansion over margins. If economic conditions tighten or investor sentiment turns against non-profitable growth stocks, DKNG could be pressured.

There’s also the competitive landscape. Rivals like FanDuel (owned by Flutter Entertainment), BetMGM, and Caesars Sportsbook are investing heavily in customer acquisition. While DraftKings enjoys strong brand equity, market saturation and promotional fatigue are real concerns. Regulatory changes, particularly at the state level, could also introduce new hurdles.

Finally, valuation remains a hot topic. While the current price might seem attractive compared to recent highs, investors must consider how much future success is already priced in. DraftKings has ambitious revenue targets, but will need to deliver consistently to justify them.

So, Is It a Top Growth Stock?

If you’re a long-term investor with an appetite for volatility and a belief in the future of digital sports entertainment, DraftKings has many characteristics of a top growth stock.

It’s operating in a secular growth industry. It has a loyal, expanding user base. It’s investing in its own technology. It’s building partnerships with media giants and leagues. And despite recent price drops, its fundamentals remain intact.

What matters most over the next decade is execution. Can DraftKings balance growth with profitability? Can it continue to innovate faster than its competitors? Can it expand into international markets, or introduce new revenue streams like in-app microbetting, social features, or AI-driven personalization?

The answer isn’t guaranteed. But the blueprint is there. And for investors willing to ride the highs and lows of a disruptive, high-upside stock, DraftKings could be a compelling addition to a growth portfolio.

Bottom Line

DraftKings is not your traditional value stock. It doesn’t offer a dividend, it doesn’t post consistent profits, and it’s more volatile than the average ticker. But it is a category leader in one of the fastest-growing sectors in modern consumer tech.

The current dip in price may offer an attractive entry point, especially for those looking beyond 2025. The key is to treat DraftKings not just as a betting company, but as a platform. One with network effects, brand power, and the technological muscle to evolve with the industry.

The next decade could be pivotal for DraftKings. If it continues to grow, expand its margins, and capitalize on the ongoing legalization wave, it may not just be a growth stock—it may be a leader in reshaping how the world watches, engages with, and wagers on sports.



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WELLFIT Redefines Home Fitness with New Incline/Decline Walking Pad

Saint-Laurent, Canada, June 21, 2025 –(PR.com)– Building on WELLFIT’s mission to make daily fitness accessible and effective, this walking pad blends intuitive features like 10% incline & 8% decline, smart app integration, and a whisper-quiet motor — all in a sleek, space-saving footprint. Smarter Movement, Smarter DesignUnlike traditional flat walking pads, this model offers a rare […]

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Saint-Laurent, Canada, June 21, 2025 –(PR.com)– Building on WELLFIT’s mission to make daily fitness accessible and effective, this walking pad blends intuitive features like 10% incline & 8% decline, smart app integration, and a whisper-quiet motor — all in a sleek, space-saving footprint.

Smarter Movement, Smarter Design
Unlike traditional flat walking pads, this model offers a rare combination of manual incline and decline settings (Incline: 3%, 6%, 10%; Decline: 3%, 5%, 8%), simulating real-world terrain for a more effective walking or jogging session. Whether training for a hike, boosting daily calorie burn, or easing joint pressure during downhill simulation, users enjoy customizable resistance that fits their goals.

Compact Yet Powerful
Despite weighing just 29 lbs, the WELLFIT walking pad supports up to 265 lbs thanks to a reinforced alloy steel frame. A 2.5HP quiet motor supports speeds up to 4 MPH, while the 5-layer shock-absorbent belt protects knees and joints — ideal for longer sessions or recovery use.

App-Connected Fitness
This isn’t just a treadmill — it’s a connected fitness tool. The WELLFIT walking pad syncs via Bluetooth with Apple Health, Kinomap, and the WELLFIT App, enabling users to:
Access scenic walking simulations
Join global fitness challenges
Track real-time performance
Control the treadmill via voice commands or remote
No subscription required — just sync and start moving.
Made for Modern Life
Whether tucked under a standing desk, placed in a home studio, or slid beneath a sofa, this treadmill’s ultra-slim profile (only 11.2 inches wide) makes it perfect for apartments, home offices, or dorm rooms. No assembly needed — just unbox and walk.

Who It’s For
Remote workers seeking movement without interrupting meetings
Fitness beginners or recovery users needing low-impact, varied training
Apartment dwellers who value quiet, compact gear
Wellness lovers ready to upgrade their daily steps with incline/decline workouts

Due to high demand, availability may vary. To purchase or sign up for restock notifications, visit the product page:
Price: $399.99
Now available: https://www.amazon.ca/dp/B0CFBBVNP6

About WELLFIT
WELLFIT a health-forward fitness brand focused on designing smart, compact workout solutions tailored for modern home life. With a mission to empower individuals — especially women and families — to embrace daily movement, WELLFIT transforms any corner into a wellness zone.
Media Contact:
YUNDONG
support@cozyinnhome.com
+(281)657-5214
https://www.amazon.ca/dp/B0CFBBVNP6



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These ‘autofocus’ glasses could soon make bifocals obsolete – by tracking your eyes in real time

French startup IXI is working on glasses with autofocus lenses Built-in sensors track eye movements Liquid crystal lenses adjust focus to match what you’re looking at Squinting to see a sign, tilting your head to look at someone, peering down your nose to read a menu: for millions of far-sighted people, glasses are a constant […]

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  • French startup IXI is working on glasses with autofocus lenses
  • Built-in sensors track eye movements
  • Liquid crystal lenses adjust focus to match what you’re looking at

Squinting to see a sign, tilting your head to look at someone, peering down your nose to read a menu: for millions of far-sighted people, glasses are a constant compromise. But a new kind of smart eyewear is aiming to clear things up, with the help of autofocus lenses.

Finnish startup IXI is one company developing frames with adaptive optics. Its glasses uses tiny sensors to track what you’re looking at, then liquid crystal lenses to adjust your view to suit. So you can go from checking your phone to watching a game in a blink.



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iGB L!VE confirms London iGaming Week programme – Gaming

Clarion Gaming has announced details of London iGaming Week, a programme of immersive curated events, seminars and parties centred around iGB L!VE and taking place at iconic London venues. Clarion Gaming has confirmed details of London iGaming Week, which will take place on 1-4 July. Confirming the programme, Naomi Barton, global portfolio director responsible for iGB […]

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Clarion Gaming has announced details of London iGaming Week, a programme of immersive curated events, seminars and parties centred around iGB L!VE and taking place at iconic London venues.

Clarion Gaming has confirmed details of London iGaming Week, which will take place on 1-4 July.

Confirming the programme, Naomi Barton, global portfolio director responsible for iGB L!VE said: “London iGaming Week is an amazing opportunity for the global iGaming industry to come together for a week of connection, innovation and celebration.

“Running 1-4 July, it features social events such as the iGB Affiliate Awards, the EGR B2B Awards, welcome drinks in Canary Wharf, and the Legends by Fire and ICE celebration. 

“It also includes unique opportunities to network and learn at the iGB Start-Up Accelerator, the Affiliate and Operator Mixer, and Technology in Gaming, the inaugural conference for senior technology professionals sponsored by Pretty Technical on Tuesday 1 July.”

She added: “An initiative that we are extremely excited about is our deeper partnership with LatAm Media Group, which will see us stage the first ever London LMG Futbol Experience. Taking place on Friday 4 July, the livestreamed 6-a-side football tournament will be played on a state-of-the-art 5G pitch with games officiated by fully qualified referees. 

“Delivering a mixture of competition and camaraderie, it’s a fantastic milestone which will build on iGB L!VE’s reputation for running the most popular business, networking and social iGaming events of the year.”

London iGaming Week represents a high-profile addition to what will be the biggest edition of iGB L!VE  on record. The first show to take place in London following its relocation from Amsterdam, it will provide attendees with access to over 22,000sqm of product innovation and inspiration. 

Connecting igaming operators, affiliates, tech vendors and game providers, iGB L!VE will welcome a projected 15,000 iGaming and affiliate pioneers helping businesses throughout the ecosystem to navigate the iGaming landscape, provide networking opportunities, showcase cutting-edge innovations and share crucial market knowledge. 

For more information and to register for iGB L!VE, 2-3 July 2025, ExCeL London, visit igblive.com.



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What Makes the Top Franchises of 2025 Stand Out

For the love of franchising This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode […]

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For the love of franchising

This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. Franchise offerings are made by Franchise Disclosure Document only.



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Cybercriminals breach Aflac as part of hacking spree against US insurance industry

“This attack, like many insurance companies are currently experiencing, was caused by a sophisticated cybercrime group,” Aflac said in a statement on Friday, without naming Scattered Spider. Aflac said it “stopped the intrusion within hours” after discovering it last week, that no ransomware was deployed, and that it continues to serve its customers. Link 0

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“This attack, like many insurance companies are currently experiencing, was caused by a sophisticated cybercrime group,” Aflac said in a statement on Friday, without naming Scattered Spider. Aflac said it “stopped the intrusion within hours” after discovering it last week, that no ransomware was deployed, and that it continues to serve its customers.



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Colab Platforms enters Esports Arena; Industry projected to grow to USD 6 billion by 2030

VMPL Advertisement Mumbai (Maharashtra) [India], June 21: In a move to shape the future of digital sports in India, Colab Platforms Limited (BSE: 542866), leading sportstech and gaming company has announced its foray into the billion dollar opportunity – Esports. With a vision to build India’s most rewarding competitive gaming ecosystem, company is building a […]

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Mumbai (Maharashtra) [India], June 21: In a move to shape the future of digital sports in India, Colab Platforms Limited (BSE: 542866), leading sportstech and gaming company has announced its foray into the billion dollar opportunity – Esports. With a vision to build India’s most rewarding competitive gaming ecosystem, company is building a player-first competitive gaming platform for India’s digital-first generation.

This new venture will focus on building India’s most transparent, skill based esports infrastructure, designed for both casual and pro gamers. Backed by Colab’s robust digital and operational ecosystem, the platform will feature low-entry, high-frequency competitive formats, creator-led tournaments, and proprietary game servers–starting with Counter-Strike 2 (CS2) and expanding into AAA and mobile titles in phases.

Highlights:-

-Colab Platforms is building a player-first competitive gaming platform for India’s digital-first generation.

-India with over 594 million online gamers and young populations has potential to become a Global Esports hub

-The platform will feature low-entry, high-frequency competitive formats, creator-led tournaments, and proprietary game servers–starting with Counter-Strike 2 and expanding into AAA and mobile titles

-Esports is expected to contribute Rs.1100+ crore to India’s economy by 2025

-Company has launched Rs. 250 million accelerator programme to drive sports-tech innovation in India

Esports is expected to contribute Rs.1100+ crore to India’s economy by 2025, with over 1.5 million esports athletes and growing. As India readies itself for the global gaming spotlight, Esports has rapidly evolved from niche subculture to a billion-dollar global industry. In 2024, the global Esports market surpassed $1.7 billion, with projections of reaching over $6 billion by 2030. With its inclusion in events like the Asian Games and discussions around Olympic recognition, esports is no longer just entertainment–it’s a sport of the future.

Venture into Esports aligns with Colab’s broader vision of building a 360° sports ecosystem, which already includes ventures in sports commerce, athlete development, fan engagement tools, and sports-tech innovation. It will also synergize with Colab’s existing initiatives:

-Integration with Colab’s Sports Innovation Accelerator for esports startups

-Co-branded streamer partnerships and leagues for visibility and user acquisition

-Expansion into mobile esports, VR arenas, and gamified fitness formats in future phases

India, has a potential to become a global Esports hub with over 594 million online gamers and one of the world’s youngest digital populations. Government initiatives like eSports recognition under the Ministry of Youth Affairs & Sports, and growing corporate and academic interest, are further fueling this momentum.

Puneet Singh, Managing Director of Colab Platforms Ltd, said, “Esports isn’t just the future of gaming–it’s the future of entertainment, career building, and digital identity. At Colab, we’re building an esports ecosystem where every match, every win, and every hour of gameplay creates real value for the player.”

Colab aims to become the platform of choice– where skill matters, community thrives, and careers are built. Company also aim to scout and elevate India’s top gaming talent–creating a pipeline that can compete in global leagues and represent Indian esports on the world stage.

Colab Esports: What Makes It Different

At the heart of Colab’s esports vision is a commitment to accessibility, fairness, and next-gen competition. Built with India’s Gen Z and Millennial gamers in mind, the platform is designed to break barriers and reimagine what competitive gaming can look like–rewarding, community-driven, and inclusive.

From hyper-local engagement strategies to creator-led tournament formats and a player-centric progression system, Colab Esports is laying the groundwork for an ecosystem where every player–casual or competitive–finds their space to grow, compete, and win. Colab is aiming to build not just another esports platform, but a nextgeneration gaming infrastructure ready to scale with the country’s digital sports revolution.

For the financial year 2024-25, the company has reported consolidated Total Revenue Rs. 70.05 crores, up from Rs. 2.25 Crores in FY 2023-24 — a massive 3006.18% increase. Net profit stood at Rs. 2.86 Crores from Rs.1.78 Crores last year, a growth of 60.4%. In Q4 FY2024-25, company recorded Total Revenue of Rs. 20.49 crores, Y-o-Y increase of 7638% growth. Net profit for the quarter was Rs. 95.29 lakhs, up 379.11% from Rs. 19.9 lakhs during the same period last year.

Strategic Initiatives of Colab Platforms in FY 2024-25:-

-Entered the Rs. 15,766 crore sports management and tech sector, to leverage its technological prowess across various segments including management and development of sports Intellectual Properties (IPs), Fan Engagement platforms.

-Acquired the Northern Challengers team in the Big Cricket League, captained by former India opener Shikhar Dhawan, enhancing brand recognition and direct fan connection.

-Launched www.colabsports.in, a dedicated marketplace for sports and fitness products, catering to India’s rapidly growing $58 billion sports and fitness industry.

-The company also announced its entry into the predictive gaming market, targeting a Rs. 50,000 crore opportunity with a rapidly growing user base.

-Introduced a Rs. 250 million Sports-Tech Growth Accelerator Program to empower early-stage startups, fast-track innovation, and transform India’s sports technology ecosystem.

About Colab Platforms Ltd.

Colab Platforms Limited is listed on the Bombay Stock Exchange. The company has been delivering innovative technological solutions across various sectors, leveraging its expertise in advanced technologies to drive growth and enhance user experiences. Colab Platforms Limited is dedicated to providing customized, technology-based processing solutions that help clients achieve their objectives and exceed expectations.

Recognizing India’s rapid emergence as a global technology hub, Colab Platforms harnesses the nation’s diverse and talented professionals to contribute significantly to the development of the professional community. For more information please www.colabplatforms.com

(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)

(The story has come from a syndicated feed and has not been edited by the Tribune Staff.)





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