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Fanatics passes Illinois mobile betting tax charge to customers

Regulation

Fanatics said it will pass Illinois’s new per-bet mobile sports betting tax on to customers from 1 July. Operators owe $0.25 on each of the first 20 million annual online bets in the state and $0.50 on subsequent bets; FanDuel and DraftKings plan to charge customers $0.50 per wager from 1 September.

The charge changes the per-wager cost for Illinois customers and operators under the state tax scheme.

End-of-day close DraftKings (DKNG), USD, to 15 August 2025
Story date19 May 202515 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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