Taxes could crush DraftKings' improving business.
Taxation contagion may make the sports betting company a riskier wager.
Taxes are a massive risk for DraftKings, and that showed this week.
An increase in the tax rate will hurt DraftKings' business in one of its larger markets.
Although the shares climbed over the last year, the company's best days still could be ahead.
We've also got a look at the "resilient consumer" and new rules for the buy now, pay later industry.
The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.55%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.32%. US stock indexes...
Stocks that traded heavily or had substantial price changes on Tuesday: Insmed, Agios rise; DraftKings, Atlantica fall
Illinois could raise its tax rate for sports betting from 15% to as much as 37%.
