The study, prepared for the Rhode Island Lottery by Spectrum Gaming Group, found that Rhode Island “has the highest effective tax rate in the country for sports wagering” at 51 percent

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The latest DraftKings promo code for the Knicks vs. Pacers in the NBA Eastern Conference Finals. The welcome bonus bets have increased to $300 if your first bet of $5+ wins.

Online sports betting company DraftKings is facing a federal class action lawsuit for using exploitative marketing tactics.

DraftKings struggles with slowing growth, unfavorable outcomes, and high valuation. Click here to read an analysis of DKNG stock now.

SportsLine's Mike McClure, a daily Fantasy pro with over $2 million in winnings, gives optimal MLB DFS lineup advice for Tuesday, May 20

The suit claims DK intentionally targets people vulnerable to compulsive gambling with deceptive promotions and ignores self-exclusion requests.

DraftKings eyes profitability by 2025, driven by growth, market share gains and cost control. Click here to read an analysis of DKNG stock now.