News

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.
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.
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 ...
Macquarie sees online gaming outperforming in Q2, with DraftKings and Flutter poised for record gains despite tax headwinds.
Any recent changes to analyst estimates for DraftKings should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently.
As Illinois faces growing deficits, state Chamber chief Lou Sandoval urges leaders to pursue reforms — not repeated tax hikes — to avoid deeper economic damage.