Learn how DraftKings' tax strategy might affect your betting tactics. Plus new sports books in Arizona and potential new regulations in Massachusetts. National Security Agency chief and deputy ...

DraftKings introduces a minor winnings tax, setting a precedent for competitors like FanDuel in the sports betting arena. Will other sportsbooks follow suite? Justice Department says Trump can ...

It's not just DraftKings feeling the squeeze. BetMGM, a subsidiary of MGM Resorts International MGM, could see a $35 million to $39 million EBITDA impact. While tax increases are never welcome ...

This shows that while DraftKings has benefited from new states legalizing online betting, the company also has such to lose from regulation and tax laws going ... The impact of Illinois’ tax ...

Robins raised concerns about the impact of these tax hikes on the legal ... Canada under its DraftKings brand and pursuant to regulations in four states under its Golden Nugget Online Gaming ...

Grove says being up front about the charge also signals to states how much DraftKings thinks its business model can sustain when it comes to tax rates. "I think their fear was, without drawing ...

DraftKings will charge a “gaming ... warn this could have a substantially detrimental impact on a bettor’s long-term bankroll. The tax also sparked wider concerns this would give other ...

DraftKings continues to support collaborative policymaking that works for the state and allows for the long-term sustainability of the industry. Should the legislation be repealed, the company will ...

This unexpected tax hike follows a previous increase from 15% to roughly 35% for these operators last year. Kelley further noted the potential financial impact on DraftKings, projecting an ...

BOSTON, June 12, 2025 (GLOBE NEWSWIRE) -- In response to the recent and prior sports wagering tax increases ... to regulations in five states and in Ontario, Canada under its DraftKings brand ...