Sports betting stocks slide after Illinois lawmakers approve tax hike

cnbc.com/2025/06/02/sports-betting-stocks-slide-after-illinois-lawmakers-approve-tax-hike.html

Online sports betting stocks retreated Monday after Illinois lawmakers approved a budget that again raised taxes on wagers, heightening investor alarm that other states could follow suit.
DraftKings dropped more than 6%, while Flutter Entertainment shares fell more than 2%. The Roundhill…

This story appeared on cnbc.com, 2025-06-02 20:03:30.577000.
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