DraftKings, NBA Finals
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SportsLine expert Jimmie Kaylor reveals his 2025 US Open winner picks he's using to take advantage of the DraftKings King of the Course token
FanDuel is adding a new betting fee, responding directly to a new Illinois tax. DraftKings stock rises as bettors may now switch to avoid its rival's fee.
DraftKings Sportsbook made a significant change to its welcome bonus. Here's what you need to know, and why it may be a red flag for the future of sportsbook promos.
SportsLine's Mike McClure, a daily Fantasy pro with over $2 million in winnings, gives optimal MLB DFS lineup advice for Tuesday, June 10
The offers are not identical, as FanDuel offers $200 in bonus bets while BetMGM offers $150. Prior to the DraftKings change, nearly every other aspect of the promotions was the same, including the lack of a minimum odds requirement for qualifying wagers.
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The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.
Sports-betting operator DraftKings Inc. said it’s weighing its next moves after a recent tax increase in Illinois. “In response to the recent and prior mobile sports wagering tax increases in Illinois, DraftKings anticipates taking action and expects ...