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Sports Betting Is Booming Worldwide. Is This DraftKings Competitor Worth the Risk While Its Shares Are Under $8?
The Motley Fool· 2025-12-20 21:40
Time may be running out to grab this hot small-cap stock at single-digit prices.They say "the house always wins," but sports-betting stocks haven't exactly fared well thus far in 2025. Sportsbook pure plays such as DraftKings and Flutter Entertainment have both struggled in the market lately.A key headwind has been the rise of prediction market platforms like Kalshi, which threaten the traditional sportsbook model. For another U.S.-listed sportsbook operator, Codere Online Luxembourg (CDRO +5.98%), the reas ...