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New York State Gaming Commission's latest data shows that in July 2025, the state's total sports betting revenue reached $155.9 million, a year-on-year increase of 10.7%. The total betting amount was $1.41 billion, an increase of 11.1% from the previous month, with an average hold rate of 11.08%. Th
Due to fierce competition, increased sports betting taxes, and concerns about recent gambling scandals potentially damaging the company's public image, DraftKings' stock price fell by 1.3% in 2024. Despite DraftKings' poor performance this year, many analysts remain optimistic about the prospects of
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