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FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state ...
Illinois sports bettors will soon face a $0.50 online bet fee imposed by FanDuel, reacting to new state tax laws aimed at addressing a $1 billion budget gap. The industry criticizes the tax, fearing ...
FanDuel has announced a 50-cent fee on all Illinois sports bettors which could have major implications on the industry nationwide.
FanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry ...
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 ...
Flutter Entertainment, which owns FanDuel, has announced that all sports bets placed through FanDuel in Illinois will have a 50-cent transaction fee beginning on Sept. 1, 2025.
CHICAGO - FanDuel customers in Illinois will soon see a new $0.50 fee added to each bet they place, part of a larger industry reaction to recent tax changes passed by the state.
FanDuel announced Tuesday that, beginning Sept. 1, it plans to charge bettors a 50-cent transaction fee on every bet, win or lose, placed with its online sportsbook in Illinois.
Only FanDuel and DraftKings exceeded $100 million in adjusted gross revenue in 2023, positioning them to bear the brunt of the changes. The steep increase prompted a strong industry reaction.
Right now, the most popular sports betting apps, like DraftKings and FanDuel, don't work in Rhode Island. That could change.