United States

Congressional Push to Eliminate ‘Handle Tax’ Gains Momentum in 2025

Congressional Push to Eliminate ‘Handle Tax’ Gains Momentum in 2025

The Congressional Gaming Caucus has renewed efforts to repeal the long-standing federal “handle tax”, a 0.25% levy on all legal sports wagers in the United States.

DraftKings Stock Price Receives BUY Rating as Sports Betting Market Grows Strong

DraftKings Stock Price Receives BUY Rating as Sports Betting Market Grows Strong

Morningstar has maintained a BUY rating on DraftKings Inc. (NASDAQ: DKNG), citing robust growth in sports betting, improved cost efficiency, and expansion in key markets.

CME Group Stock Fairly Valued at $245: Morningstar Research

CME Group Stock Fairly Valued at $245: Morningstar Research

Morningstar has assigned a HOLD rating to CME Group Inc. (NASDAQ: CME), citing its fair valuation and strong business fundamentals.

Airbnb Stock Price Overvalued; Fair Value at $132: Morningstar Research

Airbnb Stock Price Overvalued; Fair Value at $132: Morningstar Research

Morningstar has issued a research report on Airbnb Incorporated (NASDAQ: ABNB), maintaining a cautious stance on the stock.

BetMGM and Caesars Sportsbook Register Record-Breaking Sports Betting During Chiefs Match

BetMGM and Caesars Sportsbook Register Record-Breaking Sports Betting During Chiefs Match

The Philadelphia Eagles’ 40-22 triumph over the Kansas City Chiefs shattered previous sports betting records, becoming the most wagered-on single sporting event in history for BetMGM Sportsbook and

Crypto Czar David Sacks Eyes Stablecoin Regulation to Bolster the US Dollar's Global Influence

Crypto Czar David Sacks Eyes Stablecoin Regulation to Bolster the US Dollar's Global Influence

The Trump administration has announced plans to regulate stablecoins, aiming to bring this booming industry onshore and under US jurisdiction.

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