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Quiver AI Summary 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.
In response, FanDuel and DraftKings are implementing a 50-cent transaction fee for all bets placed with their Illinois platform.
Here's what every licensed online sportsbook in Illinois is doing in response to the new per-bet tax and what it might cost ...
DraftKings Sportsbook is live with mobile and/or retail sports betting operations pursuant to regulations in 28 states, Washington, D.C., and in Ontario, Canada.
Boston-based DraftKings Inc. announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with it in Illinois starting Sept. 1.
As football season nears, Chicago area sports bettors may be in for sticker shock. The big picture: Illinois' new state ...
Following on the heels of a similar action by Flutter Entertainment (FLUT), DraftKings (NASDAQ: DKNG) will implement a 50-cent transaction fee on all mobile and online bets placed in Illinois to ...
Even after discovering this non-compliance, DraftKings repeatedly failed to implement successful corrections to its platform.
DraftKings to Introduce Transaction Fee in Illinois Jun. 12, 2025 4:41 PM ET DraftKings Inc. (DKNG) ...
BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- 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 ...
DraftKings also said if the legislation were repealed, it will immediately remove the Illinois-specific per wager transaction fee. Write to Stephen Nakrosis at [email protected] ...