Flutter rules out winner surcharge as DraftKings cancels proposal
Flutter CEO Peter Jackson said the company had no plans to add a surcharge to winning bets, and DraftKings cancelled its own proposed charge shortly afterwards. Jackson criticised graduated tax rates, saying they could push customers towards offshore operators, and said Flutter would respond in affected states with tighter holds and lower local marketing.
Operators can note that DraftKings dropped its surcharge plan and Flutter cited tighter holds and lower local marketing in affected states.