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MarketBeat
MarketBeat
Jeffrey Neal Johnson

Regulatory Jackpot: Gaming Stocks Surge on a Surprise Bill

A sudden jolt of activity from Washington, D.C., sent shockwaves through the U.S. gaming and entertainment sector on March 23, 2026.

Shares of industry leaders DraftKings Inc. (NASDAQ: DKNG) and Flutter Entertainment plc (NYSE: FLUT) surged in heavy trading, marking a significant deviation from recent trends. This sharp upward movement was not tied to an earnings report or a market-wide rally, but to a powerful and direct legislative catalyst.

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