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BetMGM sets $2.50 minimum wager in Illinois

Regulation

BetMGM raised its minimum wager in Illinois to $2.50 from Wednesday, applying the floor to all bets, including parlays and bonus bets. The sportsbook is responding to the state’s per-wager tax; Hard Rock Bet has set a $2 minimum, while DraftKings, FanDuel and Fanatics announced plans for customer surcharges.

The higher minimum and planned surcharges change the costs and terms Illinois customers face as operators respond to the per-wager tax.

End-of-day close DraftKings (DKNG), USD, to 29 August 2025
Story date3 June 202529 August 2025

Latest reported results

DraftKings NASDAQ: DKNG

Quarter ended 30 September 2026

Revenue
USD 1.33bn10-Q filing 0001883685-26-000041
Operating income
−USD 493.1m10-Q filing 0001883685-26-000041

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