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

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

Fanatics will charge a $0.25 fee per wager in Illinois, following a new per-bet state tax. DraftKings and FanDuel already added similar surcharges.

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 ...

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.

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 ...

“Illinois has been an important part of our growth, and we’re proud to have contributed meaningfully to the state through tax revenue, job creation, and a sustained investment in responsible gaming ...

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.