DraftKings Faces Big Fight Against Las Vegas Casino Giants

DraftKings Faces Big Fight Against Las Vegas Casino Giants

In the last few months, casino giants have made clear that they aren't going to let online betting-focused companies like DraftKings (NASDAQ: DKNG), Golden Nugget Online Gaming (NASDAQ: GNOG), and Rush Street Interactive (NYSE: RSI) take the market without a fight. Caesars Entertainment (NASDAQ: CZR), MGM Resorts (NYSE: MGM), and Wynn Resorts (NASDAQ: WYNN) are putting billions of dollars into acquiring and building their own online gambling platforms.