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FanDuel, the largest online betting operator in the United States, is set to introduce a transaction fee for its customers in Illinois. Starting from July 1, 2025, players will face a $0.50 charge ...
On Tuesday, FanDuel’s parent company, Flutter Entertainment, announced that it is imposing a 50 cent per bet fee for customers in Illinois, effective Sept. 1, 2025.
A Covers survey of Illinois sports bettors suggests the 50-cent “transaction fee” that DraftKings and FanDuel plan to impose in the state in September will change how some people wager.
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Axios on MSNIllinois' new sports betting tax could hurt casual gamblers most
As football season nears, Chicago area sports bettors may be in for sticker shock. The big picture: Illinois' new state budget includes a tax hike for online sports gaming — $0.25 for the first 20 ...
FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next. Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes ...
In response, FanDuel, owned by Flutter, announced on June 10 that starting September 1, 2025, it will add a $0.50 fee to every bet placed on its platform in Illinois.
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FanDuel placing new fees on online sports bets in Illinois - MSN
The fee is in response to a first-of-its-kind sports gambling tax in Illinois. Video of Bernie Sanders reacting to Trump's Iran strikes live goes viral The Oklahoma City Thunder Just Won the NBA ...
FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now switch to avoid its rival's fee. The market’s back, and these 3 income ...
Combined, FanDuel and DraftKings account for about 75% of the Illinois sports betting market. Citizens gaming analyst Jordan Bender estimates the new transaction fee will translate to $79 million ...
"Should the state reverse its decision at any point in the future, FanDuel will immediately remove the $0.50 transaction fee," Flutter said in a press release. DraftKings may be following suit.
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