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And although online sports betting business DraftKings and FanDuel have actually surpassed their benchmark indexes over the past year, the pandemic has actually hit them hard, also. Because going public in April, DraftKings’s market capitalization has actually reached $12 billion, exceeding establishments like Caesar’s and MGM hotels, according to the Wall Street Journal. On the other hand, brick-and-mortar casinos have seen their incomes contract 80%, according to the American Gaming Organization. In the 2nd quarter of in 2014, gambling establishments were open for a sum of concerning 42,000 days.
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