On June 10, Flutter Entertainment plc (NYSE:FLTR), another player in the space, announced a $0.50 fee for each bet made on its FanDuel platform, effective September 1, to offset the added cost.

This decision follows significant tax increases on sports wagering ... potential litigation involving DraftKings; changes in applicable laws or regulations, particularly with respect to gaming ...

When Illinois legislators instituted a progressive sports betting tax aimed squarely at market leaders FanDuel and DraftKings ...

Online sports betting just became more costly in Illinois -- though it remains to be seen for whom. On Saturday, state lawmakers approved a $55 billion fiscal year budget that includes a new tax for ...

“We are disappointed that Illinois policymakers have chosen to more than triple our tax rate ... pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and ...

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 Should the legislation be repealed, the company will ...