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

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

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

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

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

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

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 ...

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

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

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

DraftKings shares rebounded Tuesday from a steep decline the previous session that followed news Illinois lawmakers had ...