DraftKings has followed the lead of rival FanDuel by introducing a $0.50 transaction fee on each bet placed on its platform ...

Sports-betting operator DraftKings Inc. said it’s weighing its next moves after a recent tax increase in Illinois.

In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with ...

Discover how new tax hikes on sportsbooks, like Illinois' latest tax, impact DraftKings' profitability. Read my DKNG stock ...

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 ...