Analysts are reacting to the notable development in Illinois of Flutter Entertainment (NYSE:FLUT) adding a transaction fee to ...

DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.

FanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry, check out Legal Sports Report.

DraftKings announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with ...

FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now ...

FanDuel is upping the ante in Illinois with a new 50-cent surcharge on all wagers, and DraftKings may be next. Flutter-owned FanDuel is introducing the charge to mitigate the impact of new taxes ...

U.S. sports bettors look like they are about to share the burden of higher sports betting taxes, and in a way that may be ...

However, Flutter Entertainment, FanDuel’s parent company, shared on Tuesday that they will not follow DraftKings’ lead. Flutter CEO Peter Jackson shared that they have “no plans at this ...

The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...

DraftKings backtracked Tuesday after the parent company of rival sportsbook FanDuel announced on an earnings call it won't be doing the same. “We always listen to our customers and after hearing ...

Right now, the most popular sports betting apps, like DraftKings and FanDuel, don't work in Rhode Island. That could change.

BTIG thinks the FanDuel announcement sets the stage for how operators will offset future tax increases and sends a direct signal to lawmakers that tax increases will ultimately be paid by consumers.