Pacers beat Thunder in NBA Finals Game 3
Digest more
FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state
With sites like Kalshi seemingly going nowhere, sportsbooks getting more involved in the controversial prediction business could seem more viable.
In response to a tax hike by the Illinois legislature, FanDuel is passing on the cost to customers. DraftKings later followed suit.
Sports betting service FanDuel has added a 50-cent surcharge to all wagers laid in Illinois to offset the state's per-wager tax of up to 50 cents per bet.
FanDuel’s antagonistic response to the Illinois state legislature is not going to go over well with bettors in the Prairie State.
DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.
Bettors looking to make a wager on FanDuel in Illinois will soon have to pay a 50-cent transaction fee on every online bet they place.
Legislators who approved a first-of-its-kind per-wager tax say big gambling corporations like DraftKings can afford another dent in their Illinois profit margins.
FanDuel has announced a 50-cent fee on all Illinois sports bettors which could have major implications on the industry nationwide.
When the fiscal year 2026 budget passed a couple of weeks ago, so did an increased tax on sports gambling in the state of Illinois.
1d
Investor's Business Daily on MSNSports Betting Stock Clears Entry After FIFA Club World Cup DealSportradar is the IBD Stock Of The Day for Thursday. Shares of the sports betting data company cleared a buy point after a new partnership.