The new fee structure is not a flat tax rate across the gross ... to smaller operators in the market. As DraftKings navigates these new financial challenges, the company is expected to reassess ...

BMO Capital analyst Brian Pitz reiterated a Buy rating on DraftKings (DKNG ... Despite recent tax legislation in Illinois and the UK posing some challenges, the overarching narrative remains ...

Despite near-term challenges, the long-term ... What risks does DraftKings face from potential regulatory changes and tax increases? The regulatory landscape for online gaming and sports betting ...

Despite near-term challenges, the long-term outlook for DraftKings appears positive ... potentially drawing users away from DraftKings' platform. What risks does DraftKings face from potential ...

Analysts are concerned about tax rate increases on sports gambling wins, but top operators have defenses in geography. DraftKings Inc ... peer anywhere close to challenge the leaders for a ...

From a customer satisfaction standpoint, DraftKings' newly announced plan to tax winning bettors in states with higher tax rates is sure to turn off even the most casual bettors. Even so ...

Most notably, Needham suggested that DraftKings might follow in the footsteps of Flutter (LON:FLTRF) Entertainment to mitigate the impact of the higher Illinois tax. While DraftKings has not confirmed ...

DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit. Starting January 1, it will implement a gaming surcharge on ...

Despite the Illinois tax hike, DraftKings is expected to ... They see this as a short-term challenge that DraftKings can manage. In fact, they remain bullish on the company’s long-term potential.

DraftKings will charge a “gaming tax surcharge" on each winning bet for wagers placed in four states, creating a potentially significant burden on bettors’ bottom lines and igniting fears of a ...