DraftKings, Flutter stocks jump on report that lawmakers plan to keep sports betting out of prediction markets [Yahoo! Finance Canada]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Yahoo! Finance Canada
The gaming stocks rose more than 4% after the Wall Street Journal reported that a pair of senators plan to introduce legislation on Monday that would ban prediction market operators from listing event contracts tied to sporting events. Sen. Adam Schiff, a Democrat from California, and Sen. John Curtis, a Republican from Utah, are co-sponsoring the bill, which seeks to regulate prediction market entities, such as Kalshi and Polymarket. The bill would prevent them from listing contracts for sporting events and "casino-style games" such as video poker, blackjack, and bingo. (Disclosure: Yahoo Finance has a partnership with Polymarket.) Sen. Schiff told the Wall Street Journal that it's time for Congress to step in because the Commodity Futures Trading Commission (CFTC) "is greenlighting these markets and even promoting their growth." “Too many young people in Utah are getting exposed to addictive sports betting and casino-style gaming contracts that belong under state control, not
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DKNG
Earnings
- 2/12/26 - Beat
DKNG
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/26/26 - Form ARS
- 3/26/26 - Form DEFA14A
- DKNG's page on the SEC website