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DraftKings stock jumps 7% on Senate bill targeting crypto rivals
short by / on Monday, 23 March, 2026
DraftKings stock surged 7% pre-market as a bipartisan Senate bill targeting prediction markets boosts its regulatory advantage. The legislation restricts rivals like Kalshi and Polymarket from offering sports betting, giving DraftKings a federal moat. Investors also cheered the potential of its new "Super App" unifying sports, casino, and prediction betting.
read more at Stocktwits