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

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

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 ...

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 has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...

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

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

Meanwhile, Illinois continues to fuel the rapidly growing illegal industry, which pays no taxes or fees and provides none of the consumer protections that regulated operators offer." DraftKings ...

Shares of DraftKings (NASDAQ:DKNG) fell 5%, while Flutter saw a 3.3% decline following the announcement of new legislation in Illinois that introduces additional fees for online sportsbook operators.