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DKNG Aug 2024 29.000 put
| Previous close | 0.7400 |
| Open | 0.6800 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 29.00 |
| Expiry date | 2024-08-16 |
| Day's range | 0.6800 - 0.8500 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
DraftKings, Flutter fall on Illinois sports betting tax hike bill
Shares of DraftKings (DKNG) and Flutter Entertainment (FLUT, FLTR.L) fell sharply on Tuesday after the Illinois state Senate passed a budget that includes a tax hike on sports betting companies. The concern for investors is that other states could follow suit. Yahoo Finance's Seana Smith and Brad Smith break down the concerns about the legislation for the companies. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Barrons.comThese Stocks Moved the Most Today: GameStop, Nvidia, DraftKings, Insmed, U.S. Cellular, Duolingo, Norwegian, and More
GameStop soars after completing an offering of 45 million shares for proceeds of about $933.4 million, Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round, and DraftKings tumbles as Illinois senators pass a new budget that includes a tax increase on sports-betting operators.
Barrons.comDraftKings, FanDuel Stocks Drop as Illinois Hikes Tax for Sports Betting. There Could be More to Come.
This new move would make Illinois the second most expensive state for online sports gambling companies to operate in.
