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Sports-betting operator DraftKings Inc. said it’s weighing its next moves after a recent tax increase in Illinois.
Legislators who approved a first-of-its-kind per-wager tax say big gambling corporations like DraftKings can afford another ...
The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.
FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now ...
Illinois sports bettors will soon face a $0.50 online bet fee imposed by FanDuel, reacting to new state tax laws aimed at ...
Discover how new tax hikes on sportsbooks, like Illinois' latest tax, impact DraftKings' profitability. Read my DKNG stock ...
FanDuel announced Tuesday that it will offset the new per-bet sports betting tax from the state of Illinois with a 50-cent ...
Gov. J.B. Pritzker’s record $55.2 billion budget relies on Illinoisans paying over $394 million in new or higher taxes on ...
FanDuel’s antagonistic response to the Illinois state legislature is not going to go over well with bettors in the Prairie ...
The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...
Shares of DraftKings Inc. (NASDAQ: DKNG) are trading lower Monday after Illinois passed a new budget proposal that includes ...