DraftKings reverses plans for a tax on customers as FanDuel parent Flutter wows Wall Street
DKNGDraftKings(DKNG) CNBC·2024-08-15 02:42

A sign hangs on the wall in the reception area at Fanduel Inc.'s offices in Edinburgh, U.K., on Tuesday, Feb. 7, 2017.Flutter reported phenomenal second-quarter earnings this week, wowing investors and sending shares up about 8% Wednesday as the company's FanDuel betting platform captures market share and grows revenue dramatically, even in well established states with sports betting and online gaming.But it was the declaration that FanDuel will not add a surcharge to offset an Illinois tax hike that grabbe ...