DraftKings (DKNG) Gains Market Share in New York Betting Market
DraftKings Inc. (NASDAQ:DKNG) ranks among the best sin stocks to buy in 2026. Citing DraftKings Inc. (NASDAQ:DKNG)’s recent performance in the New York market, Benchmark reaffirmed its Buy rating and $37 price target on the company’s shares on December 1. Through Week 12 of this season, New York’s sports betting industry has shown strong year-over-year growth, with handle up 12.7% and revenue up 16.2% when compared to the same period last year. Despite a somewhat weaker hold rate of 8.3% compared to the ...