DraftKings plans customer surcharges in states with sports betting taxes above 20%
DraftKings chief executive Jason Robins said during the company’s second-quarter earnings call that it would charge a surcharge on bets in states where online sports betting tax rates exceed 20%. He said the company expected the charge to help protect margins and fund its ability to compete with illegal betting, while acknowledging that other operators might consider similar measures.
Operators in high-tax states may face pressure to pass some tax costs on to bettors.