NCAA President Charlie Baker announces push to ban college prop betting, causing DraftKings shares to fall.

DraftKings shares fell 6.8% on Wednesday following NCAA President Charlie Baker's announcement that he is pushing to ban college proposition betting. The National Collegiate Athletic Association is working with state legislators to remove college prop bets across the US, saying the organization is "drawing the line on sports betting to protect student-athletes and to protect the integrity of the game".

March 27, 2024
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