DraftKings’ tax would begin on Jan. 1 ... worked with DraftKings for years to cultivate mobile sports betting laws that would create a thriving gaming market and protect consumers.

Illinois recently increased its tax on sports betting revenue ... both of which worked with DraftKings for years to cultivate mobile sports betting laws that would create a thriving gaming market ...

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

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 Should the legislation be repealed, the company will ...

This shows that while DraftKings has benefited from new states legalizing online betting, the company also has such to lose from regulation and tax laws going against the company’s favor.

DraftKings will charge a “gaming tax surcharge" on each winning bet for wagers placed in four states, creating a potentially significant burden on bettors’ bottom lines and igniting fears of a ...

One of the bigger stories around the sports gambling world was the proposed gaming tax surcharge by DraftKings which was set to affect numerous states. But hours after one of their biggest ...

DraftKings Inc. is throwing in the towel on its plan to hit winning bettors with an extra fee if they live in a state with a higher tax rate — but only after its chief rival FanDuel made it ...

Learn how DraftKings' tax strategy might affect your betting tactics. Plus new sports books in Arizona and potential new regulations in Massachusetts. National Security Agency chief and deputy ...

From a customer satisfaction standpoint, DraftKings' newly announced plan to tax winning bettors in states with higher tax rates is sure to turn off even the most casual bettors. Even so ...

“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 ...