DraftKings Slumps as Hindenburg Research Alleges SBTech Ties to Illegal Gambling, Organized Crime

Shares of DraftKings (NASDAQ:DKNG) are sliding Tues after noted short-selling activistic Hindenburg Research published a lengthy report. The cover alleges the gaming company’s SBTech unit operates in jurisdictions where sports betting is illegal and may experience connections to money laundering and unionized crime. Founded past Shalom Meckenzie, one…