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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.
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 ...
Illinois has imposed a new per-bet tax on both FanDuel and rival DraftKings, which amounts to 25 cents for the first 20 million bets and 50 cents for all subsequent bets.
In response, FanDuel and DraftKings are implementing a 50-cent transaction fee for all bets placed with their Illinois platform.
DraftKings is joining FanDuel in trying to get around Illinois’ new tax on gambling operators. Sportsbooks are to be charged for each bet made, starting with 25 cents per the first 20 million ...
DraftKings also said if the legislation were repealed, it will immediately remove the Illinois-specific per wager transaction fee.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] ...
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.