α52
Alpha 52
Where AI meets Quant
DKNG
$36.50
- 3.90%
DraftKings Inc.
Consumer Services
AI View
Move Predict
+ 67.33%
1d Prob. Ch
- 13.33%
Bullish
Quant View
Quant Direction
1d Quant Ch
+ 0.10
News Sentiment:
40
60
As of 89h 55m ago
DraftKings is seeing a boost in its stock price after FanDuel, a major competitor, announced a new 0.50 fee on bets in Illinois due to a new state tax. This move affects the sector's dominant players, including DraftKings. The fee may pressure margins but also reflects the growing regulatory landscape in the sports betting industry, which could impact future profitability.
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