FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state ...

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

Illinois has implemented a new tax structure for sports betting that could lead to changes both in and out of the state ...

In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...

The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.

Under the new budget Illinois' General Assembly passed, graduated rates from 20% to 40% will replace the 15% flat tax on ...

DraftKings last August announced its plans to implement a surcharge on wagers placed in “high-tax” states, or those with ...

Analysts are reacting to the notable development in Illinois of Flutter Entertainment (NYSE:FLUT) adding a transaction fee to ...

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.

This decision follows significant tax increases on sports wagering imposed by the Illinois ... DraftKings expresses a willingness to remove the transaction fee should state legislation change ...

Illinois lawmakers approve another sports betting tax hike, raising question of how top sportsbooks will react.

The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...