Browsing Tag
DraftKings
7 posts
Illinois just threw a curveball at sports betting – what does a 40% tax rate mean for your bets?
Illinois has significantly raised taxes on sports betting operators, making it the second most expensive state for online…
The Rise of Sports Betting in the U.S.: A Billion-Dollar Industry
Since the U.S. Supreme Court’s landmark decision to legalize gambling in 2018, the sports betting industry has experienced…
Barclays Upgrades DraftKings: A Bullish Outlook for the Sports Betting Giant
Barclays has made a bold call, asserting that DraftKings (DKNG) is a stock worth buying, citing significant growth…
Record Super Bowl Betting Activity
The early data on Super Bowl betting activity indicates that the game has broken records for bookmakers across…
Analysts Raise Price Targets on DraftKings
Argus, a prominent financial analysis firm, has raised the price target on DraftKings to $53 from $46 while…
The Growth of US Sports Betting: A $10 Billion Industry
Since the landmark 2018 Supreme Court decision that opened the door for US states to legalize sports betting,…
