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Sportsbooks to Have Better ‘Playbook’ for Proposed Tax Hikes
DraftKings CEO Says Operators Have Better ‘Playbook’ to Battle Sports Betting Tax Hikes Another Illinois-sized increase could be costly for the industry. Geoff Zochodne • Senior News Analyst ... Read More
DraftKings CEO says sports betting industry is at ‘important ...
DraftKings CEO Jason Robins said the sports betting industry is at a turning point as more people across the country realize they can gamble legally. "We're at a very, you know, important ... Read More
DraftKings surcharge sparks concern about sports betting industry ...
DraftKings CEO Jason Robins announced Aug. 1 that, starting next year, the sportsbook giant, which doesn’t operate in Nevada, will deduct a 3.2 percent gaming tax surcharge from winning wagers ... Read More
DraftKings to tax winning bets in high-rate states in a bid to boost ...
Mobile betting powerhouse DraftKings is planning a tax on consumers in states with the highest sports betting tax rates, as the company looks to boost profit. 📺 Los Angeles news 24/7: Watch ... Read More
DraftKings' surcharge on New York sports bettors the latest threat
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 each state.. DraftKings announced on Aug. 1 that ... Read More
DraftKings decides not to add gaming tax surcharge to winning bets ...
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
Tax Hikes, Event Contracts Create Bumpy Path For Sports Betting Stocks
Tax Hikes And Event Contracts ... DraftKings CEO Jason Robins drew comparisons to the ... The New Jersey proposal comes after a number of states have increased tax rates on sports betting ... Read More
FanDuel vs. DraftKings: Which is the bigger sports betting giant?
When it comes to sports betting in the United States, FanDuel and DraftKings are the two sportsbooks that immediately stand out. Although there are plenty of other outfits to emerge over the last ... Read More
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