Argus downgrades DraftKings, sees sports betting revenue growth slowing in 2022

DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts.
Darren McCollester | Getty Images

Sports gaming company DraftKings could be facing a tough year ahead in the highly competitive online gambling space, according to investment firm Argus.