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DraftKings has been granted a direct mobile sports betting license, so it can operate independently across the state of Missouri.
Most investors weren't swayed by its second-quarter report. After more than a year's worth of unrewarded growth, they should have been.
The Missouri Gaming Commission awarded sports wagering licenses to DraftKings and Circa Hospitality on Friday as the state moves toward launching legalized sports betting in December.
The Missouri Gaming Commission announced Friday the two companies that will receive licenses to conduct mobile sports wagering in Missouri.
The Missouri Gaming Commission selected DraftKings and Circa Sports as the winners of the state's two coveted untethered online sports betting licenses.
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Missouri Gaming Commission grants DraftKings, Circa Sports direct mobile sports betting licenses
The license allows DraftKings and Circa Sports to operate without needing to affiliate with a land-based casino or professional sports team.