According to reports, U.S. bipartisan lawmakers are planning to introduce a bipartisan bill prohibiting betting on sports prediction markets. Following this news, DraftKings Inc.'s stock price rose 6.2% in pre-market trading.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
This market reaction highlights investors' expectations that if the bill is passed, it could reduce competition in the online sports betting sector, thereby potentially benefiting existing market participants such as DraftKings. The specific details of the bill and its legislative prospects remain to be further observed.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
The Central Bank of Russia will sell 4.5 trillion rubles at a one-week repo auction.
智通财经•2026/08/18 10:46
Tesla (TSLA.US) Cybercab may launch as early as this month in Austin, with employees becoming the first batch of "test riders"
Tesla (TSLA.US) has informed its internal staff that it is actively preparing for the public launch of Cybercab, with plans to first roll it out in Austin, Texas, possibly within this month.
智通财经•2026/08/18 10:36
Crypto prices
More
Bitcoin
BTC
$64,211.1
+0.98%
Ethereum
ETH
$1,897.42
-0.37%
Tether USDt
USDT
$0.9989
+0.00%
USDC
USDC
$0.9998
-0.00%
XRP
XRP
$0.9958
-0.48%
Solana
SOL
$75.82
+0.14%
TRON
TRX
$0.3325
+0.05%
Hyperliquid
HYPE
$59.8
+0.02%
Dogecoin
DOGE
$0.06986
-0.66%
Zcash
ZEC
$505.47
-1.47%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now