Illinois residents will face a slew of new and increased taxes on various everyday items and services starting on July 1.

Jason Robins, DraftKings CEO, joins CNBC's 'Squawk on the Street' to discuss Illinois' new tax on mobile and online sports wagers.

On June 10, Flutter Entertainment plc (NYSE:FLTR), another player in the space, announced a $0.50 fee for each bet made on its FanDuel platform, effective September 1, to offset the added cost.

J.B. Pritzker says Illinois budget, which includes new tax rate on every online sports wager, showcases state's "hard-earned fiscal responsibility." ...

Illinois sports betting operators enjoyed an 18.1% year-over-year adjusted revenue increase in April. The Illinois Gaming Board reported operators made over $100 million a month for the third time ...

You know it’s a bad budget when it’s based on nearly $1 billion in tax increases and enhancements,” a Republican lawmaker said.

Illinois Gov. J.B. Pritzker signed a series of budget bills on Monday, allowing tax changes and several other policies to take effect on July 1.

When Illinois legislators instituted a progressive sports betting tax aimed squarely at market leaders FanDuel and DraftKings ...

DraftKings has become the second operator to announce a transaction fee for sports bets in Illinois in response to the state ...

In response to the new per-bet tax introduced by the legislature, the two largest online sportsbooks are charging users a per ...

The June 13 edition of the SBJ Betting newsletter features a look at PrizePicks' strategy to skirt restrictions on gambling ...