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 ...

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

Sportsbook company DraftKings said it was implementing a transaction fee in Illinois, in response to recent and prior sports wagering tax increases implemented by the state legislature. The company ...

Right now, the most popular sports betting apps, like DraftKings and FanDuel, don't work in Rhode Island. That could change.

Gov. J.B. Pritzker’s record $55.2 billion budget relies on Illinoisans paying over $394 million in new or higher taxes on ...

Sports-betting stocks DraftKings and Flutter Entertainment were down Monday after the Illinois state legislature passed a tax on sports wagers that could ... how to pursue pleasure rationally ...

Despite the challenges posed by the new tax, Citi analysts remain optimistic about DraftKings’ prospects ... situation as they navigate the evolving regulatory landscape and its implications for their ...

Kelley detailed the implications of the new legislation ... Bender pointed out that the tax seems specifically designed to impact DraftKings and FanDuel more than mid-scale companies due to their ...