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The recent Illinois sports betting tax hike is expected to cost DraftKings sportsbook $50 million in 2025, the company says.

DraftKings Expects to Loses $50 Million in 2025 After Illinois Sports Betting Tax Hike

Friday 13 September 07:55 EDT

A recent increase in Illinois sports betting tax is expected to cost DraftKings sportsbook more than $50 million during the 2025 calendar year. These projections come from the company themselves. […]
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Officials have approved a bill that increases the Illinois sports betting tax. OSB explains what it means for the state—and entire industry.

Bill to Raise Illinois Sports Betting Tax is Officially Approved

Wednesday 05 June - 06:26 EDT

A bill that will increase the Illinois sports betting tax has officially passed through the state le...
The DrafKings location at Wrigley Field has opened without an Illinois sports betting license.

DraftKings Sportsbook at Wrigley Field Does Not Have Illinois Sports Betting License

Thursday 29 June - 08:20 EDT

We are now more than one year removed from sports betting in Illinois officially going live. During ...
The Fanatics company is hoping to join the Illinois sports betting market before the 2023 NFL season.

Fanatics Hoping to Join Illinois Sports Betting Market in Time for 2023 NFL Season

Thursday 25 May - 07:34 EDT

A new operator is set to join the Illinois sports betting market. After agreeing to buy PointsBet's...
Chicago Moves to Lift Restrictions on Sports Betting

Chicago Moves to Lift Restrictions on Sports Betting

Friday 23 July - 05:26 EDT

Legal sports betting continues to get implemented in higher volume around the United States. One of ...
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