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Massive News for DraftKings Stock Investors

By Parkev Tatevosian, CFA – Jun 5, 2025 at 5:30AM

DraftKings (DKNG +3.21%) stock investors were dealt some unfavorable news regarding state taxation of gaming revenue.

*Stock prices used were the afternoon prices of June 2, 2025. The video was published on June 4, 2025.

About the Author

Parkev Tatevosian, CFA
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
TMFParkev
X@TMFParkev

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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