The Bull Case For DraftKings (DKNG) Could Change Following The Rise Of Untaxed Prediction Markets

Earlier this week, DraftKings’ audit committee decided BDO USA will complete the 2026 audit before Deloitte & Touche takes over as independent auditor for 2027, while CEO Jason Robins also presented the company’s outlook at the Wells Fargo Consumer Conference in California. At the same time, a growing shift of sportsbook users toward lightly regulated prediction markets is pressuring DraftKings’ core model and raising questions about future tax revenues for states. We’ll now examine how the...