Valued at a market cap of roughly $17 billion, DraftKings (DKNG) operates as a digital sports entertainment and gaming ...

The announcement last week was made in true Las Vegas fashion. It was bold and loud and in the heart of the Strip.

Gov. J.B. Pritzker’s record $55.2 billion budget relies on Illinoisans paying over $394 million in new or higher taxes on ...

DraftKings last August announced its plans to implement a surcharge on wagers placed in “high-tax” states, or those with ...

DraftKings shares rebounded Tuesday from a steep decline the previous session that followed news Illinois lawmakers had ...

DraftKings Sportsbook made a significant change to its welcome bonus. Here's what you need to know, and why it may be a red ...

Under the new budget Illinois' General Assembly passed, graduated rates from 20% to 40% will replace the 15% flat tax on ...

The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, ...

Discover how new tax hikes on sportsbooks, like Illinois' latest tax, impact DraftKings' profitability. Read my DKNG stock ...

Shares of sports betting firms fell on Monday, after lawmakers in Illinois passed a budget proposal that increases taxes on ...

In other news, DraftKings Inc. (NASDAQ:DKNG) is facing a lawsuit filed by a bettor from Iowa over its refusal to pay him ...

FanDuel parent company Flutter Entertainment (FLUT), and MGM Resorts (MGM) are hard pressed on Monday after Illinois lawmakers passed a tax on sports bets. Citizens Senior Equity Research Analyst ...