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Analysts have their eyes on DraftKings (NASDAQ:DKNG) and Flutter Entertainment (NYSE:FLUT) after a mixed first half of the year for sports betting outcomes, including sportsbooks having a strong Super Bowl hold rate but a lower-than-anticipated hold rate on the NCAA basketball tournament.
There are just two untethered sports betting licenses available in Missouri, and FanDuel and DraftKings have each applied for one of those licenses