In Recent Ruling, IRS Again Concludes That Daily Fantasy Sports Are Gambling [Forbes]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: Forbes
Hi Fantasy Sports Owners! I know it can be tough to pull yourself away from the all-important decision of whether to start Dalton Schultz or Jace Sternberger at tight end this week, but if you’ll lend me a few minutes, I’ve got some tax news that might just interest you.MANCHESTER, NH - SEPTEMBER 13: Tim Dent, chief compliance officer at DraftKings, from left, New... [+]Hampshire Governor Christopher Sununu and Charlie McIntyre, executive director of the New Hampshire Lottery pose after the Governor placed his bet at the Grand Opening of DraftKings Sportsbook Manchester on September 2, 2020 in Manchester, New Hampshire. (Photo by Scott Eisen/Getty Images for DraftKings)For the second time in four months, the IRS has addressed the world of daily fantasy sports (or DFS, for short), and if you’re scoring at home — and you are; in fact, it’s really all you do — it’s now IRS 2, DFS 0.At first blush, the latest round of IRS guidance appears to begood newsAnd while that may make those whopla
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News
- The NBA is tempting everybody to bet. It’s no shock when a player does. [MSNBC.com]MSNBC.com
- DraftKings Sued Over ‘Risk-Free' Bets That Were Anything But [BNN Bloomberg (Canada)]BNN Bloomberg
- Casino operator calls smoking ban ‘one of the greatest threats to our business' [Fortune]Fortune
- New York competition, smoking, internet betting concerns roil US northeast's gambling market [Financial Post (Toronto, Ontario, Canada)]Financial Post
- New York competition, smoking, internet betting concerns roil US northeast's gambling market [Yahoo! Finance]Yahoo! Finance
DKNG
Earnings
- 2/15/24 - Beat
DKNG
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/3/24 - Form 4
- 3/26/24 - Form 4
- DKNG's page on the SEC website