Jefferies notes that DraftKings (DKNG) followed Flutter Entertainment (FLUT), as expected, and announced a 50c transaction fee per bet in Illinois in direct response to tax passed last week in the ...

In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...

Smaller players in the gambling industry have an opportunity to snap up market share as DraftKings and other behemoths ...

DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...

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 announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with ...

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

DraftKings Inc. has announced the implementation of a 50-cent transaction fee on all mobile and online bets placed in Illinois, effective September 1, 2025. This decision follows significant tax ...

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 ...

FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state ...

FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now ...

DraftKings continues to support collaborative policymaking that works for the state and allows for the long-term sustainability of the industry. Should the legislation be repealed, the company will ...