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Maine committee considers bill to ban dual-currency sweepstakes

Regulation

Maine’s Joint Committee on Veterans and Legal Affairs held a public hearing on LD 2007, a bill proposed by Senator Craig Hickman to prohibit operating or promoting dual-currency online sweepstakes. The Maine Gambling Control Unit supported the measure, saying such platforms currently accept customers in the state; DraftKings also backed the proposed ban.

The bill could prohibit sweepstakes platforms from operating in Maine and affect the market for licensed gambling operators.

End-of-day close DraftKings (DKNG), USD, to 27 February 2026
Story date1 December 202527 February 2026

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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Louisiana lawmakers propose expanding online gambling ban to dual-currency games

Louisiana Representative Laurie Schlegel pre-filed House Bill 883 to expand the state’s definition of illegal online gambling to cover dual-currency games that simulate gambling and offer prizes or cash equivalents. The proposal would also extend to payment and platform providers, create Attorney General enforcement powers and set penalties of up to $100,000 and five years’ imprisonment for operators.

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