FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state

With sites like Kalshi seemingly going nowhere, sportsbooks getting more involved in the controversial prediction business could seem more viable.

The June 13 edition of the SBJ Betting newsletter features a look at PrizePicks' strategy to skirt restrictions on gambling in states such as California, the taxes hitting FanDuel and DraftKings in Illinois and April's full betting handle.

Sports betting service FanDuel has added a 50-cent surcharge to all wagers laid in Illinois to offset the state's per-wager tax of up to 50 cents per bet.

Gabby Thomas’ being harassed at last weekend’s Grand Slam Track meet was shocking – except, actually, it wasn’t, given how often it seems to be happening.

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

Legislators who approved a first-of-its-kind per-wager tax say big gambling corporations like DraftKings can afford another dent in their Illinois profit margins.

FanDuel has announced a 50-cent fee on all Illinois sports bettors which could have major implications on the industry nationwide.

Last week, we talked about the new online sports betting tax in Illinois that would hit operators with a 25 cent fee for each of the first 20 million bets they take and a 50 cent fee for every bet after that -- and how those operators appeared ready to pass those fees on to customers.