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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 ...
5hon MSN
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." ...
FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state ...
DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...
8don MSN
The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents ...
In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...
The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, nearly every other aspect of the promotions was the same, including the ...
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 ...
DraftKings last August announced its plans to implement a surcharge on wagers placed in “high-tax” states, or those with rates exceeding 20 percent, which included Illinois, New York, Pennsylvania, ...
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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 ...
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