After adding a per-bet fee to Illinois sports betting wagers, lawmakers may soon ban credit cards for bettors as well ...

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 ...

(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 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 ...

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 ...

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 ...

DraftKings faces tax hike in Illinois, but analysts maintain bullish outlook with 56.49% upside. ... This change is expected to take effect in July, pending approval by the House.

Analyst Bernie McTernan of Needham maintained a Buy rating on DraftKings (DKNG – Research Report), retaining the price target of $60.00. Bernie McTernan has given his Buy rating due to a ...