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Tag: Truist Securities

DraftKings abandons winnings surcharge plan as FanDuel rules it out

October 2, 2026 By jaiho777

DraftKings abandoned plans to impose a surcharge on winnings in high-tax, non-monopoly states yesterday (13 August) after its primary competitor ruled out introducing a similar policy. The decision to drop the controversial scheme less than two weeks after announcing it…

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Barry Jonas: FanDuel and DraftKings could shorten odds to offset costs

October 2, 2026 By jaiho777

Truist Securities managing director Barry Jonas believes FanDuel and DraftKings could “tweak pricing” to help offset cost increases in the US market. Truist Securities managing director Barry Jonas (pictured) believes FanDuel and DraftKings could “tweak pricing” to help offset cost…

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