DraftKings Plans To Launch Online Sportsbook In Maine Through Deal With Passamaquoddy Tribe
Portfolio Pulse from Benzinga Newsdesk
DraftKings has announced plans to launch an online sportsbook in Maine through a partnership with the Passamaquoddy Tribe. The deal is subject to regulatory approval.

October 31, 2023 | 9:24 pm
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POSITIVE IMPACT
DraftKings' planned launch of an online sportsbook in Maine could potentially increase its market share and revenues, pending regulatory approval.
The news of DraftKings' planned expansion into Maine through a partnership with the Passamaquoddy Tribe is directly relevant to the company and could potentially increase its market share and revenues. However, the impact is dependent on regulatory approval, which introduces some uncertainty.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100