ESPN BET has increased its minimum online sports wager in Illinois to $1, up from 10 cents, effective August 8. The update, ...

Circa Sports has announced that it will implement a $10 minimum bet in Illinois from September 1 in response to the tax on ...

Since Gov. JB Pritzker spearheaded an effort to more than double wagering taxes in Illinois in 2024, the tax rate on adjusted gross revenue has gone from a flat 15% to as much as an effective rate of ...

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed ...

Jason Robins says sports betting giant "keeping a close eye" on federal regulation decisions regarding prediction markets.

ESPN BET raised its minimum wager in Illinois to $1 (from 10 cents) starting Aug. 8, aligning with other operators adjusting ...

DraftKings stock has a 21-Day average true range ratio of 3.56%. The 21-Day ATR for Flutter is 2.81%. Roundhill Sports and Penn Entertainment have 21-Day ATRs of 1.65% and 4.02%, respectively.

Summary I’m downgrading DraftKings to a neutral rating, as the stock remains up more than 15% year to date, despite new risks that have emerged on the horizon. The state of Illinois raised its ...

For DraftKings in particular, while the tax hike might pressure the company’s adjusted EBITDA guidance for 2024, the long-term financial projections for 2026 remain stable or could potentially ...

The first three have a tax rate of 51%, and Illinois passed a spending plan in June to tax betting operators on a scale up to 40%. Rather than pay up, DraftKings is asking its customers to help ...