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FanDuel has responded after Illinois finalized plans to charge sportsbooks for every wager placed in the state ...
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 ...
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.
Right now, the most popular sports betting apps, like DraftKings and FanDuel, don't work in Rhode Island. That could change.
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.
In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...
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.
Before the change, they were paying at 15%. When that tax bill passed, DraftKings initially said it would pass along the costs to consumers . After massive backlash, it reversed course .