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.
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.
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