Combined, FanDuel and DraftKings account for about 75% of the Illinois sports betting market. Citizens gaming analyst Jordan Bender estimates the new transaction fee will translate to $79 million ...

Citizens gaming analyst Jordan Bender estimates the new transaction fee will translate to $79 million in new 2026 revenue for DraftKings, or 5.4% of its projected EBITDA for that year, and $86 ...

"Should the state reverse its decision at any point in the future, FanDuel will immediately remove the $0.50 transaction fee," Flutter said in a press release. DraftKings may be following suit.

FanDuel, the largest online betting operator in the United States, is set to introduce a transaction fee for its customers in Illinois. Starting from July 1, 2025, players will face a $0.50 charge ...

However, FanDuel noted that if Illinois reverses this fee in the future, it will immediately remove the $0.50 transaction fee. Flutter says Illinois betting transaction fee ‘disappointing’ ...

"Should the state reverse its decision at any point in the future, FanDuel will immediately remove the $0.50 transaction fee," Flutter said in a press release. DraftKings may be following suit.

FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now switch to avoid its rival's fee. The market’s back, and these 3 income ...

On Tuesday, FanDuel’s parent company, Flutter Entertainment, announced that it is imposing a 50 cent per bet fee for customers in Illinois, effective Sept. 1, 2025.

A Covers survey of Illinois sports bettors suggests the 50-cent “transaction fee” that DraftKings and FanDuel plan to impose in the state in September will change how some people wager.

In response, from September 1, 2025, FanDuel, Flutter’s US market-leading brand, announces that it will introduce a new $0.50 transaction fee on each bet placed on its platform in Illinois.

In response, from September 1, 2025, FanDuel, Flutter’ s US market-leading brand, announces that it will introduce a new $0.50 transaction fee on each bet placed on its platform in Illinois.