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DraftKings adds $0.50 fee to Illinois sports bets from 1 September

Business

DraftKings said it will charge a $0.50 transaction fee on online and mobile sports bets placed in Illinois from 1 September. The company said the fee responds to a new state levy of $0.25 on each licensed operator’s first 20 million annual bets and $0.50 on additional bets. DraftKings said it would cancel its fee if the legislation is reversed.

Illinois bettors and sportsbook operators face a per-wager charge tied to the state’s new betting levy.

End-of-day close DraftKings (DKNG), USD, to 28 July 2025
Story date29 April 202528 July 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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