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DraftKings is clipped at Argus on concerns of revenue deceleration

Mar. 07, 2022 8:34 AM ETDraftKings Inc. (DKNG)By: Clark Schultz, SA News Editor13 Comments

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Argus downgraded DraftKings (NASDAQ:DKNG) to a Hold rating from Buy on concerns that the pace of revenue growth slows this year with fewer states approving online sports betting.

"DKNG is facing fierce competition from MGM

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