President Donald Trump's tax bill, signed into law July 4, reduces how much in losses a gambler can deduct. Here's how the changes will work.

The Connecticut Department of Consumer Protection announced Thursday that it has reached a settlement with DraftKings after an investigation into alleged violations of the state’s gaming laws in ...

Jefferies Group reduced its price target for DraftKings to $53 from $60 and has a Buy recommendation on the stock. This ...

(WIFR) - Changes are coming in Illinois as several new laws and tax increases are set to take effect July 1, 2025.

Several new Illinois laws and tax increases take effect on July 1, 2025, including new rules for single-use plastics, a tipped minimum wage increase, and taxes on sports bets, vaping and gas.

Income from the tax goes the state’s general revenue fund. FanDuel and DraftKings both announced they now will include a ...

Online casinos. While the larger U.S. iGaming economy is cruising along, Prairie State residents are seeing the signs of the ...

FanDuel and DraftKings already announced that customers in Illinois will see a new 50-cent fee for all ... now be required to charge the 6% Hotel Operators’ Occupation Tax — a change that could ...

Most laws in Illinois go into effect on Jan. 1 in Illinois, but some begin on July 1. There are a multiple new laws to be ...

DraftKings (NASDAQ:DKNG) ended six straight sessions of gains on Wednesday as its shares closed 0.16% lower at $42.74. The company added more than 13% in the preceding six sessions. On a year-to-date ...

The transaction fee will go into effect on September 1. “We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past two years, and we are very concerned ...

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) — In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and online sports wagers placed with ...