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DraftKings plans surcharge on net winnings in four US states

Regulation

DraftKings said it plans to apply a gaming-tax surcharge to customers’ net winnings in Illinois, New York, Pennsylvania and Vermont from 1 January 2025. The company did not specify the charge in three states; its chief executive said the Illinois surcharge would be a low- to mid-single-digit percentage of net winnings.

The proposed charge could change customer payouts and operators’ approach to passing gaming taxes on to bettors.

End-of-day close DraftKings (DKNG), USD, to 13 September 2024
Story date17 June 202413 September 2024

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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