DraftKings shares are trading higher after the company said it has decided not to move forward with the gaming tax surcharge.
Portfolio Pulse from Benzinga Newsdesk
DraftKings shares are trading higher after the company announced it will not proceed with the gaming tax surcharge.
August 14, 2024 | 1:36 pm
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POSITIVE IMPACT
DraftKings shares are trading higher after the company announced it will not proceed with the gaming tax surcharge.
The decision to not move forward with the gaming tax surcharge is likely seen as a positive development by investors, reducing potential future costs and regulatory burdens for DraftKings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100