Jim Cramer says DraftKings and Flutter remain strong buys despite tax law changes that would limit gambling loss deductions under Trump’s new bill.

Multiple tax changes for Illinois begin today with the intention of filling gaps in the budget. The state originally was projected to have about a $3 billion deficit. Some taxes were increased and ...

Illinois recently implemented a new sports betting tax structure that charges sportsbooks anywhere from 25 to 50 cents per wager placed. Sports betting giant FanDuel, which is a key player in ...

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 ...

Most new laws in the state of Illinois take effect at the start of the year, but there are several big changes that will take ...

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.

DraftKings Inc. has announced the implementation of a 50-cent transaction fee on all mobile and online bets placed in Illinois, effective September 1, 2025. This decision follows significant tax ...

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 ...

Illinois has been an important market for DraftKings, with the company noting its contributions to the state through tax revenue, job creation, and investments in responsible gaming resources.

In response, FanDuel and DraftKings are implementing a 50-cent transaction fee for all bets placed with their Illinois platform.