Previous close | 12.53 |
Open | 12.53 |
Bid | 12.20 |
Ask | 12.55 |
Strike | 27.00 |
Expiry date | 2024-08-16 |
Day's range | 12.53 - 12.53 |
Contract range | N/A |
Volume | |
Open interest | 65 |
The latest trading day saw DraftKings (DKNG) settling at $38.98, representing a +0.23% change from its previous close.
States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the country with big partnerships. DraftKings, FanDuel and other betting apps are facing a bigger tax hit in Illinois following changes to tax policy this year. ESPN owner Walt Disney Co. has also gotten involved in the action with ESPN Bet, which has a partnership with the National Hockey League.
Betting on the biggest players in online sports betting is a way to limit the risk from challenges such as scandals and higher state taxes.