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

The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents ...

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

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

DraftKings announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with ...

Following on the heels of a similar action by Flutter Entertainment ( FLUT ), DraftKings ( NASDAQ: DKNG) will implement a ...

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

DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.

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

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 ...

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

PrizePicks filed the suit, SidePrize LLC d/b/a PrizePicks v. Huffman, in the U.S. District Court for the Western District of ...