Illinois has implemented a new tax structure for sports betting that could lead to changes both in and out of the state ...

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

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

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

Analysts are reacting to the notable development in Illinois of Flutter Entertainment (NYSE:FLUT) adding a transaction fee to ...

DraftKings last August announced its plans to implement a surcharge on wagers placed in “high-tax” states, or those with ...

Illinois Gov. J.B. Pritzker signed a series of budget bills on Monday, allowing tax changes and several other policies to take effect on July 1.

Illinois sports bettors will soon face a $0.50 online bet fee imposed by FanDuel, reacting to new state tax laws aimed at ...

This decision follows significant tax increases on sports wagering imposed by the Illinois ... DraftKings expresses a willingness to remove the transaction fee should state legislation change ...

FanDuel has announced a 50-cent fee on all Illinois sports bettors which could have major implications on the industry ...

Combined, FanDuel and DraftKings account for about 75% of the Illinois sports betting ... Before the change, they were paying at 15%. When that tax bill passed, DraftKings initially said it ...

Citi analysts also maintained a Buy rating with a $55 price target, noting the impact of a new Illinois tax that could affect DraftKings’ EBITDA by $30 million to $40 million.