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Bettors looking to make a wager on FanDuel in Illinois will soon have to pay a 50-cent transaction fee on every online bet ...
DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.
DraftKings announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with ...
Following on the heels of a similar action by Flutter Entertainment ( FLUT ), DraftKings ( NASDAQ: DKNG) will implement a ...
FanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry, check out Legal Sports Report.
DraftKings is adding a new 50 cent charge to all bets come September for citizens of Illinois, as the state increases taxes.
Sportsbook company DraftKings said it was implementing a transaction fee in Illinois, in response to recent and prior sports wagering tax increases implemented by the state legislature. The company ...
DraftKings has followed the lead of rival FanDuel by introducing a $0.50 transaction fee on each bet placed on its platform ...
In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and ...
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.
Thursday, DraftKings announced that all Illinois online and mobile bets will face a transaction fee. They join FanDuel, which made a similar announcement earlier in the week. This all ties into the ...
Illinois has the second-largest sports betting market in the country; the state stands to lose a great deal by imposing this ...