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
Show less
Read more
Impact Snapshot
Event Time:
DKNG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DKNG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DKNG alerts
High impacting DraftKings Inc. - Class A news events
Weekly update
A roundup of the hottest topics
DKNG
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