State Bans On Sports Betting Are Not Helping Anybody [zero hedge]
DraftKings Inc. - Class A (DKNG)
Company Research
Source: zero hedge
State Bans On Sports Betting Are Not Helping Anybody Authored by Stephen Kent via RealClearPolitics , Last week, Georgia’s state legislature declined once more to take up the legalization of sports betting as a ballot referendum in 2025. Georgians will now have to wait until 2026 for the measure to be reconsidered, despite polling from the University of Georgia showing that 63% of voters would have backed legalization . Across the country, 39 states have legalized the practice and nine holdouts remain, two of which include the population behemoths of Texas and California, where either referendum or the legislative cold shoulder has shut out legal sports betting. And yet, sports betting is still practiced in staggering numbers in every state . A new report from NEXT/Blask shows that Bovada, a betting site based in Costa Rica, dwarfs the brand strength and earnings of regulated U.S.-based brands such as FanDuel and DraftKings. The rise in offshore sports betting, far from any U.S. juris
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DKNG
Earnings
- 11/6/25 - Beat
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Sec Filings
- 12/11/25 - Form 4
- 12/11/25 - Form 4
- 12/5/25 - Form 4
- DKNG's page on the SEC website