(NASDAQ: DKNG) continues to grow like crazy and the business is becoming more efficient as it scales. But there's a huge drag on profitability from taxes, which could become an ongoing challenge. In this video, Travis Hoium shows why taxes on online gaming will be a headwind DraftKings may not be able to overcome.

*Stock prices used were end-of-day prices of Aug. 6, 2024. The video was published on Aug. 6, 2024.

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Source Fool.com