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 ...

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

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.

Legislators who approved a first-of-its-kind per-wager tax say big gambling corporations like DraftKings can afford another ...

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

DraftKings shares rebounded Tuesday from a steep decline the previous session that followed news Illinois lawmakers had ...

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

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

The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...

Bettors looking to make a wager on FanDuel in Illinois will soon have to pay a 50-cent transaction fee on every online bet ...

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