What happened Shares of DraftKings (NASDAQ: DKNG) are falling 6% in morning trading Monday despite an analyst raising his second-quarter earnings forecast for the sports betting platform and reiterating a price target almost double its current valuation. So what Doubts about college football's fall season are growing as the Big Ten conference of the National Collegiate Athletic Association met yesterday to decide its fate amid concerns about the coronavirus pandemic. The Big Ten presidents reportedly voted to cancel the season. Image source: Getty Images. Professional and college football are two of the most bet-on sports in the U.S., and DraftKing's fourth quarter, when these sports are played, typically accounts for the largest part of its revenue. Now what Major League Baseball is playing a shortened, 60-game season, and the National Football League is starting training camps. The National Basketball Association, another big draw for DraftKings, recently restarted a drastically altered season and has already postponed the start of the next season. And now college football seems doubtful. The long-term outlook still seems positive, as IAC/Interactive just took a massive $1 billion stake in MGM Resorts, primarily because of its BetMGM sports betting and online gambling business. The rest of 2020, however, seems cloudy. 10 stocks we like better than DraftKings Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and DraftKings Inc. wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of August 1, 2020 Rich Duprey has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source