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In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and ...
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Jason Robins, DraftKings CEO, joins CNBC's 'Squawk on the Street' to discuss Illinois' new tax on mobile and online sports wagers.
J.B. Pritzker says Illinois budget, which includes new tax rate on every online sports wager, showcases state's "hard-earned fiscal responsibility." ...
DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...
In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...
This decision follows significant tax increases on sports wagering imposed by the Illinois ... DraftKings expresses a willingness to remove the transaction fee should state legislation change ...
Illinois sports bettors will soon face a $0.50 online bet fee imposed by FanDuel, reacting to new state tax laws aimed at ...
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SportsGrid on MSNFanDuel Imposes 25% Bet Tax, DraftKings May FollowFanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry ...
Citi analysts also maintained a Buy rating with a $55 price target, noting the impact of a new Illinois tax that could affect DraftKings’ EBITDA by $30 million to $40 million.
Illinois sports betting operators enjoyed an 18.1% year-over-year adjusted revenue increase in April. The Illinois Gaming Board reported operators made over $100 million a month for the third time ...
“We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past ... potential litigation involving DraftKings; changes in applicable laws or ...
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