DraftKings Analysts On Impressive Growth Numbers: Canaccord Genuity analyst Michael Graham said DraftKings is well-positioned to continue its growth momentum by expanding to more states in 2021. "We are encouraged by the favorable industry backdrop, as OSB legalization progress has accelerated across the country, and numerous recent strategic partnerships and acquisitions are helping DraftKings develop its media strategy and enhance its product offering," the analyst said. The U.S. online sports betting market is fiercely competitive, he said, adding that DraftKings has an opportunity to continue to generate significant revenue growth for the foreseeable future.