In response to the recent and prior sports wagering tax increases passed by the Illinois state legislature on all mobile and ...

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

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

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

This decision follows significant tax increases on sports wagering imposed by the Illinois ... DraftKings expresses a willingness to remove the transaction fee should state legislation change ...

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

FanDuel charges 25% tax in Illinois; DraftKings might also increase rates. For more legal analysis across the gaming industry ...

A survey conducted by Covers suggests the decision by DraftKings and FanDuel to impose a 50-cent fee in Illinois could affect sports betting behavior.

Citi analysts also maintained a Buy rating with a $55 price target, noting the impact of a new Illinois tax that could affect DraftKings’ EBITDA by $30 million to $40 million.

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.

"We are disappointed that Illinois policymakers have chosen to more than triple our tax rate over the past ... potential litigation involving DraftKings; changes in applicable laws or regulations ...