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 ...
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.
In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...
DraftKings has followed the lead of rival FanDuel by introducing a $0.50 transaction fee on each bet placed on its platform ...
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 ...
When the fiscal year 2026 budget passed a couple of weeks ago, so did an increased tax on sports gambling in the state of ...
Bettors looking to make a wager on FanDuel in Illinois will soon have to pay a 50-cent transaction fee on every online bet ...
Following on the heels of a similar action by Flutter Entertainment ( FLUT ), DraftKings ( NASDAQ: DKNG) will implement a ...
Illinois sports bettors will soon face a $0.50 online bet fee imposed by FanDuel, reacting to new state tax laws aimed at ...