Illinois customers may no longer bet below $2.50, based on messages BetMGM sent out. This is to help ensure operating margins within the new framework ...

These changes come in response to a per-wager tax enacted by the Illinois General Assembly in May and effective July 1. Under ...

Illinois has implemented a new tax structure for sports betting that could lead to changes both in and out of the state ...

BetMGM will enforce a $2.50 minimum bet in Illinois, as of Wednesday (July 16), as part of the response to the recent per-wager state tax ...

(WIFR) - Changes are coming in Illinois as several new laws and tax increases are set to take effect July 1, 2025.

Multiple tax changes for Illinois begin today with the intention of filling gaps in the budget. The state originally was projected to have about a $3 billion deficit. Some taxes were increased and ...

Jefferies Group reduced its price target for DraftKings to $53 from $60 and has a Buy recommendation on the stock. This ...

DraftKings could look to cannonball into the prediction market space with the acquisition of a startup platform.

DraftKings Inc. has announced the implementation of a 50-cent transaction fee on all mobile and online bets placed in Illinois, effective September 1, 2025. This decision follows significant tax ...

Before the change, they were paying at 15%. When that tax bill passed, DraftKings initially said it would pass along the costs to consumers . After massive backlash, it reversed course .

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 ...