The stock's fall snapped a five-day winning streak.

Baron Funds, an investment management company, released its “Baron Asset Fund” first quarter 2025 investor letter. A copy of ...

Valued at a market cap of roughly $17 billion, DraftKings (DKNG) operates as a digital sports entertainment and gaming ...

DraftKings (NasdaqGS:DKNG) experienced a significant 13% increase in its stock price over the past week, a move potentially influenced by multiple market factors. Despite broader market uncertainties, ...

FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now ...

Shares of DraftKings Inc. (NASDAQ: DKNG) are trading lower Monday after Illinois passed a new budget proposal that includes ...

DraftKings Inc (NASDAQ:DKNG) stock rose 2.6% on Thursday, while Flutter Entertainment PLC (NYSE:FLUT) shares fell 1% after Flutter announced plans to introduce a new transaction fee for its FanDuel ...

This was the stock's third consecutive day of gains.

Shares of DraftKings (NASDAQ:DKNG) fell 5%, while Flutter saw a 3.3% decline following the announcement of new legislation in Illinois that introduces additional fees for online sportsbook operators.

The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.