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” There was extremely little competitors from brick-and-mortar online casinos in the 2nd quarter.” And although on the internet sporting activities wagering business DraftKings and FanDuel have exceeded their benchmark indexes over the past year, the pandemic has hit them hard, as well. Given that going public in April, DraftKings’s market capitalization has actually gotten to $12 billion, exceeding organizations like Caesar’s and MGM resorts, according to the Wall Road Journal. At the same time, brick-and-mortar casino sites have actually seen their earnings contract 80%, according to the American Video Gaming Organization.
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