Day: August 6, 2024
DraftKings Investors Express Dismay About Surcharge Gambit
A significant majority of DraftKings (NASDAQ: DKNG) shareholders aren’t happy about the gaming company’s plan to tax winning sports bets in Illinois, New York, Pennsylvania, and Vermont. Employees at DraftKings headquarters. Some investors aren’t happy about the company’s plan to tax winning sports bets in four states. (Image: CNBC) That’s according to a recent Jefferies…
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Utah Lottery Would be Legal in Certain Counties Under New Proposal
Utah State Rep. Kera Birkeland (R) plans to reintroduce a proposed constitutional amendment that would ask Utahns whether to legalize a state lottery. But following the failure of last year’s effort – the proposal was pretty much dead on arrival – this one comes with a twist. Birkeland is suggesting legalizing a lottery only in…
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