DraftKings Inc Ordinary Shares - Class A
DKNG: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| gv% | LOCK|?NHp | LOCK|$c$^$c |
DraftKings and Flutter: A Tougher Regulatory Landscape Lowers Our Valuations; Shares Cheap
The industry's regulatory environment is evolving. In September, Brazil's president signed an order to ban online gaming, which followed a halt in India, and hesitancy to legalize online betting in states like Ohio. Also, the legality of predictive sport wagers have seen split court decisions.
