News

DraftKings Inc. (NASDAQ:DKNG) is one of the 10 best growth stocks to buy according to billionaires. On June 10, Jefferies analyst David Katz released a note discussing the impact of the Illinois ...
J.B. Pritzker says Illinois budget, which includes new tax rate on every online sports wager, showcases state's "hard-earned fiscal responsibility." ...
Gov. JB Pritzker signed Illinois’ fiscal year 2026 budget into law Monday, taking shots at President Donald Trump’s budget ...
Kalshi continues to disrupt the sports betting space and now FanDuel apparently wants to join in on the prediction market ...
A survey conducted by Covers suggests the decision by DraftKings and FanDuel to impose a 50-cent fee in Illinois could affect sports betting behavior.
When Illinois legislators instituted a progressive sports betting tax aimed squarely at market leaders FanDuel and DraftKings ...
DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...
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 a tax hike by the Illinois legislature, FanDuel is passing on the cost to customers. DraftKings later followed ...
DraftKings has followed the lead of rival FanDuel by introducing a $0.50 transaction fee on each bet placed on its platform ...
The Louisiana legislative session is set to end today, June 12, with a bill to increase the online sports betting tax ...
Thursday, DraftKings announced that all Illinois online and mobile bets will face a transaction fee. They join FanDuel, which made a similar announcement earlier in the week. This all ties into the ...