$25.37
+0.260 (+1.04%)
At Close: Jun 04, 2026
Could Investing $100,000 in DraftKings Stock Make You a Millionaire?
02:02pm, Saturday, 01'st Jun 2024
DraftKings stock tumbled recently after legislators in Illinois passed a significant tax hike on sports betting businesses. It's unclear whether other states will follow suit.
Why DraftKings Stock Cratered and May Fall Further
04:30pm, Friday, 31'st May 2024
Illinois increased its tax on online gaming revenue, which will be a big hit to DraftKings. Taxes are a huge threat to DraftKings' improving bottom line.
Massive News for DraftKings Stock Investors
05:00am, Thursday, 30'th May 2024
An increase in the tax rate will hurt DraftKings' business in one of its larger markets.
Where Will DraftKings Stock Be in 5 Years?
06:10am, Wednesday, 29'th May 2024
DraftKings is benefiting from more states legalizing online sports betting. The next stage of the company's growth will be from becoming more profitable.
DKNG, FLUT Reaction to Sports Betting Tax is Overdone
05:09pm, Tuesday, 28'th May 2024
The “math and checks suggest the reaction is overdone,” notes Jefferies on DKNG and FLUT reaction to the Illinois news. Jefferies views the Illinois tax as “relatively state-specific.
DraftKings Stock Shifts On New Tax Hikes. Here's How To Handle The Action.
04:28pm, Tuesday, 28'th May 2024
A new Illinois tax law pummels DraftKings stock. "IBD Live" explains.
Draftkings shares fall on gaming tax fears
03:10pm, Tuesday, 28'th May 2024
CNBC's Contessa Brewer joins 'Power Lunch' to discuss DraftKings shares falling and gaming stocks reaction to state tax hikes.
DraftKings Stock Hobbles To Worst Day Since 2022 On Illinois Tax Fears
02:41pm, Tuesday, 28'th May 2024
Bets on sports betting giants came up short Tuesday, as shares of gambling market dominators DraftKings and FanDuel tanked as Illinois closed in on a significant increase on the tax rate facing the co
Signal: Buy the Dip on DraftKings Stock
02:05pm, Tuesday, 28'th May 2024
The shares of sports betting company DraftKings Inc (NASDAQ:DKNG) are crumbling today, last seen 11.6% lower to trade at $36.09, after the Illinois Senate passed a 2025 budget that will raise taxes
Why DraftKings Stock Just Crashed 13.5%
01:11pm, Tuesday, 28'th May 2024
Illinois is more than doubling the tax rate on online sports betting. DraftKings could face a 37% tax bill in 2025.
Sports-Betting Stocks Drop as Illinois Senate Passes Budget Raising Tax Scale
12:20pm, Tuesday, 28'th May 2024
Sports-betting stocks like DraftKings (DKNG) and FanDuel parent Flutter Entertainment (FLUT) are sliding Tuesday following the Illinois Senate passage of a new state budget that includes a new progres
Gaming stocks slip on new tax hike
11:31am, Tuesday, 28'th May 2024
CNBC's Contessa Brewer reports on news in the sports betting space.
DKNG, FLUT, PENN Fall on Higher Sports Gaming Operator Tax
11:23am, Tuesday, 28'th May 2024
Sports gaming stocks are falling as the Illinois Senate approves a higher tax on operators. Caroline Woods discusses this as this Illinois tax introduces a progressive tax rate for operators based on
DraftKings (DKNG) Stock Falls as Illinois Senate Passes Sports Betting Tax
09:30am, Tuesday, 28'th May 2024
DraftKings (NASDAQ: DKNG ) stock fell 7% over the weekend after the Illinois Senate passed a hike to the state's sports betting tax. The Senate package is different from a bill already approved by the
DraftKings, FanDuel Stocks Blitzed By 140%+ Illinois Tax Hike
09:25am, Tuesday, 28'th May 2024
DraftKings stock and FanDuel-parent Flutter Entertainment both fell after the Illinois Senate advanced a budget that would more than double online sports betting taxes.
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