You know it’s a bad budget when it’s based on nearly $1 billion in tax increases and enhancements,” a Republican lawmaker said.

Illinois Gov. J.B. Pritzker signed a series of budget bills on Monday, allowing tax changes and several other policies to take effect on July 1.

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 ...

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 ...

The June 13 edition of the SBJ Betting newsletter features a look at PrizePicks' strategy to skirt restrictions on gambling ...

Smaller players in the gambling industry have an opportunity to snap up market share as DraftKings and other behemoths ...

FanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry ...

DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...

The Illinois plan would place an added tax on every bet placed, while Louisiana raises its rate to help fund college ...

DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.