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FanDuel adds $0.50 fee to Illinois bets from September

Regulation

Flutter said FanDuel will charge a $0.50 transaction fee on each Illinois bet from 1 September, in response to a state fee on licensed sports wagers taking effect on 1 July. Illinois will charge operators $0.25 per bet for their first 20 million wagers in a fiscal year and $0.50 for each wager after that. Flutter said it would remove FanDuel’s charge if the state reverses its decision.

The state fee and FanDuel’s response change the per-bet cost for operators and customers in Illinois.

End-of-day close Flutter (FLUT), USD, to 25 July 2025
Story date28 April 202525 July 2025

Latest reported results

Flutter NYSE: FLUT

Quarter ended 30 September 2026

Revenue
USD 3.87bn
Operating income
−USD 1.19bn10-Q filing 0001635327-26-000059

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Regulation

Illinois records 15% fewer sports wagers in September after per-bet tax

Illinois recorded 15% fewer sports bets in September, with five million fewer wagers, according to figures attributed to the Illinois Gaming Board. Bettors wagered $1.4bn, while sportsbook revenue fell to $103m from $131m a year earlier; the levy generated $10.6m in receipts. Sports Betting Alliance of Illinois spokesperson Maura Possley said the tax increase was driving players away from regulated betting.

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