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 ...

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 ...

FanDuel has announced a 50-cent fee on all Illinois sports bettors which could have major implications on the industry ...

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 ...