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Technology Stocks : DraftKings, Inc. / Online Gambling -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (126)	9/9/2020 5:27:50 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 282

I like GAN, with one caveat. While its business model - providing the plumbing for the online sports books - will allow it to prosper from the coming boom in the U.S., it won't have as much upside as the companies that are able to carve out a nice chunk of consumer market share. On the plus side, less risk and volatility. They were smart to list in the U.S., though they probably could have gotten a better valuation if they had waited a couple of months. Two SPAC deals should close within the next couple of months. LCA is merging with Golden Nugget Online Gaming and DMYT is merging with Rush Street Interactive. I wouldn't be surprised to see Fanduel list in the U.S.