DraftKings Inc. (NASDAQ:DKNG) traded flat Tuesday after unveiling major product and market expansion plans across North America.DraftKings introduced a full Spanish version inside its Sportsbook and Casino app for select users. The company will expand access to all eligible customers in the coming weeks.Users with Spanish device settings will automatically see the updated interface after installing the latest app version.Also Read: Stock Of The Day: Is The Mara Holdings Death Spiral Finally Over?Broader Pro ...

Core Insights - Inspired Entertainment, Inc. has launched its premium iGaming portfolio in West Virginia, expanding its North American presence and commitment to innovative gaming experiences [1][4] - The company offers popular iGaming slots such as Big Piggy Bank™ and Wolf It Up™, which have been well-received in other markets [2][3] - Inspired's strategy emphasizes responsible gaming and player engagement, aiming to enhance the gaming landscape in West Virginia [4] Company Overview - Inspired Entertainment provides a diverse portfolio of content, technology, hardware, and services for regulated gaming, betting, and lottery operators across various channels globally [5] - The company operates in approximately 35 jurisdictions, supplying gaming systems for around 74,000 gaming machines and virtual sports products through over 32,000 retail venues [5]

Core Viewpoint - DraftKings Inc. will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois starting September 1, 2025, in response to recent tax increases on sports wagering by the Illinois state legislature [1][2]. Company Overview - DraftKings Inc. is a digital sports entertainment and gaming company founded in 2012, headquartered in Boston, and operates as the only U.S.-based vertically integrated sports betting operator [3]. - The company offers a range of products including daily fantasy sports, regulated gaming, and digital media, and is operational in 28 states, Washington, D.C., and Ontario, Canada [3]. - DraftKings is committed to responsible gaming and has partnerships with major sports leagues such as the NFL, NHL, PGA TOUR, WNBA, UFC, NBA, and MLB [3]. Industry Context - The Illinois state legislature has more than tripled the tax rate on sports wagering over the past two years, raising concerns about the impact on the legal, regulated industry and potentially fueling the illegal gaming market [2]. - DraftKings emphasizes the importance of collaborative policymaking to ensure the long-term sustainability of the sports betting industry in Illinois [2].