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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 ...
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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 ...
FanDuel announced Tuesday that it will offset the new per-bet sports betting tax from the state of Illinois with a 50-cent ...
Discover how new tax hikes on sportsbooks, like Illinois' latest tax, impact DraftKings' profitability. Read my DKNG stock ...
Gov. J.B. Pritzker’s record $55.2 billion budget relies on Illinoisans paying over $394 million in new or higher taxes on ...
DUBLIN (Reuters) -The United States' largest online betting operator Fanduel will introduce a surcharge on customer bets in ...
Shares of DraftKings Inc. (NASDAQ: DKNG) are trading lower Monday after Illinois passed a new budget proposal that includes ...
The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...
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