Ping-Pong and Larry David Are Pretty, Pretty Good for DraftKings

  • Wagers on minor sports, TV shows help to bridge the virus gap
  • Focus is on keeping customers engaged, DraftKings CEO says

      

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What are U.S. gamblers turning to when most sports are dark? Eastern European table tennis.

Ping-Pong matches from Russia and Ukraine accounted for nearly 60% of the funds wagered on DraftKings Inc. over the past week. Customers can stream matches through the DraftKings app and bet on outcomes. Of the total wagered, 76% came through live bets, placed on occurrences during each match.