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.

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

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

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

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

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

DraftKings has followed the lead of rival FanDuel by introducing a $0.50 transaction fee on each bet placed on its platform ...

DraftKings is adding a new 50 cent charge to all bets come September for citizens of Illinois, as the state increases taxes.

FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now ...

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 ...