Entain versus DraftKings: Which betting firm is better positioned for growth?
As lockdown restrictions come to an end, betting company Entain could benefit from punters returning to high street bookies. However, both Entain and rival DraftKings could capitalise on the continued opening of the US sports betting market.
Customer acquisition costs critical in DraftKings’ Q4 Earnings
DraftKings was a hit in the pandemic. However, the reopening of the economy has hurt its share price. The Super Bowl effect and an increase in legalised gambling across the US could reverse the fall unless it forecasts a drag from high customer acquisition cost.