In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and ...

This decision follows significant tax increases on sports wagering ... potential litigation involving DraftKings; changes in applicable laws or regulations, particularly with respect to gaming ...

“We are disappointed that Illinois policymakers have chosen to more than triple our tax rate ... pursuant to regulations in five states and in Ontario, Canada under its DraftKings brand and ...

The hold rate for May sat at 11.65%, which industry insiders view as particularly healthy. This metric essentially shows how ...

Brian Quintenz answered questions about crops, crypto and more, but his comments on prediction markets were of particular ...

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The IRS requires a person to report your current gambling winnings on your federal income taxation. When you obtain a Form W-2G from a betting establishment, it can list your profits as well because ...

DraftKings announced Thursday evening that it will impose a 50-cent “transaction fee” on all online sports bets placed with ...

DraftKings is joining FanDuel with a 50-cent fee on all mobile and online bets in Illinois to offset the state's latest tax.

Following on the heels of a similar action by Flutter Entertainment ( FLUT ), DraftKings ( NASDAQ: DKNG) will implement a ...