FanDuel will add a $0.50 transaction fee on all Illinois bets beginning Sept. 1. The fee responds to a new state-imposed transaction charge starting July 1. Flutter, FanDuel’s parent company, says the ...

Last week, we talked about the new online sports betting tax in Illinois that would hit operators with a 25 cent fee for each of the first 20 million bets they take and a 50 cent fee for every bet ...

FanDuel might be one of the most popular sports betting platforms in the world, but many customers are unhappy with the change that was announced on Tuesday. Flutter Entertainment, which owns FanDuel, ...

The two largest U.S. online sportsbooks are making it more expensive to bet for Illinois gamblers. Recently, the Illinois legislature passed a budget that increases the tax rates on sports betting ...

DraftKings and FanDuel are about to learn how loyal their customers in the Land of Lincoln really are, and whether a couple of quarters will cause bettors to wager less or look for a new bookmaker.

Flutter Entertainment (NYSE:FLUT) weighed in on the recent decision by the Illinois State legislature to introduce a betting transaction fee on July 1 for licensed operators on all sports wagers ...

Shares of DraftKings Inc (NASDAQ:DKNG) are trading higher by 2.31% to $37.04 Tuesday afternoon following news that its primary competitor, FanDuel, will impose a new fee on its users in Illinois. What ...

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The biggest online sportsbook operators in Illinois have reached the same conclusion about a coming tax increase in the state: their customers will have to share the pain. Boston-based DraftKings Inc.

FanDuel, the largest online betting operator in the United States, is set to introduce a transaction fee for its customers in Illinois. Starting from July 1, 2025, players will face a $0.50 charge per ...

SPRINGFIELD, Ill. (WAND) - When the fiscal year 2026 budget passed a couple of weeks ago, so did an increased tax on sports gambling in the state of Illinois. The tax is on sportsbooks that operate in ...

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