DraftKings surcharge sparks concern about sports betting industry | Betting | Sports - Las Vegas Review-Journal

DraftKings’ plan to add a surcharge to winning wagers in states with high sports betting tax rates was one of the main talking points at Bet Bash, a sports betting networking conference that ... Read More

DraftKings decides not to add gaming tax surcharge to winning bets | Betting | Sports - Las Vegas Review-Journal

DraftKings sportsbook has decided to abandon its plan to add a surcharge, starting next year, to winning wagers in states with high sports betting tax rates. VIEW E-EDITION 25¢ for 3 mos ... Read More

DraftKings' surcharge on New York sports bettors the latest threat

DraftKings announed a new betting surcharge. AP If you like sports betting, whether year-round or just during football season , you should care about the tax rates that betting companies face in ... Read More

DraftKings Reverses Surcharge Plan Amid Betting Industry News - MSN

DraftKings abandons a plan to implement a fee following backlash and competitor reactions. Plus, updates on Missouri and Nebraska's sports betting legalization. Zelenskyy ready to resign for peace ... Read More

DraftKings Kills Sports Betting Surcharge After FanDuel Passes - Covers.com

— DraftKings News (@DraftKingsNews) August 13, 2024 The decision followed a tax hike in Illinois earlier this year that boosted the amount DraftKings and others must pay to as high as 40% of ... Read More

Sports betting: DraftKings backs off tax surcharge, Flutter rallies after strong FanDuel results - MSN

DraftKings (NASDAQ:DKNG) announced that it has decided that it will not move forward with the gaming tax surcharge on customers in states where tax rates are high. The decision came less than two ... Read More

What's the impact of DraftKings' betting surcharge? - ESPN

DraftKings Sportsbook's potential surcharge could set a precedent throughout the sports betting industry. Photo by Ethan Miller/Getty Images David Purdum, ESPN Staff Writer Aug 7, 2024, 02:00 PM ET ... Read More

DraftKings Surcharge Taken Off The Board - Poker News - CardPlayer.com

After facing some backlash from sports bettors, DraftKings has backed off a plan to place a surcharge on bets from players in high-tax states. As more states continue legalizing sports betting and ... Read More

DraftKings’ Sports Betting ‘Surcharge’ is About Sending a Message

DraftKings’ Sports Betting ‘Surcharge’ Isn’t Just About Money. It’s About Sending a Message. Read More

FanDuel announces it won't add a winning surcharge in a major break with DraftKings - For The Win

The betting world held it's breath on Tuesday as FanDuel parent company Flutter held it's Q2 earnings call, where investors would learn whether or not it would follow DraftKings' lead in adding ... Read More

VSiN Founders Buy Back Sports Betting Network From DraftKings

At the end of March 2021, it became known that VSiN, The Sports Betting Network, operating from the Las Vegas Strip since 2017, had been acquired by digital sports entertainment and gaming giant ... Read More

What's the impact of DraftKings' betting surcharge? - ESPN

DraftKings CEO and co-founder Jason Robins said last week that the company plans to begin tacking on a surcharge on winning bets in states with sports betting tax rates greater than 20% and ... Read More