According to @StockMarketNerd, DraftKings' betting handle growth accelerated and continued accelerating in October, with a few NFL games having an outsized impact on quarterly results, per @StockMarketNerd. For traders, higher handle typically supports sportsbook revenue because revenue is driven by handle and hold rate, per DraftKings 2023 Form 10-K. Seasonality tied to the NFL is a key engagement driver in the fall, reinforcing the October strength as a near-term Q4 catalyst, per DraftKings 2023 Form 10-K. Crypto read-through appears limited because the move is not driven by prediction markets, per @StockMarketNerd.