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Can DraftKings Be the Netflix of Online Betting?

Can DraftKings Be the Netflix of Online Betting?

When Netflix (NASDAQ: NFLX) first pivoted to streaming content from mailed DVDs, it was a relatively small company. It faced potential competition from major players like Disney (NYSE: DIS), Comcast, HBO (which was then owned by Time Warner, but is now owned by AT&T (NYSE: T)), and even Blockbuster. All of those companies could have squashed Netflix by competing with the current streaming leader's moves in 2007.