Illinois introduces betting transaction fee; FanDuel to pass on $0.50 per bet from Sept 1

Flutter Entertainment plc

Illinois State Legislature introduces a betting transaction fee on all sports wagers from July 1, 2025.
FanDuel, Flutter’s brand, will charge customers $0.50 per bet in Illinois starting September 1, 2025.
The fee follows a 2024 tax rate increase; FanDuel had absorbed prior costs without passing to customers.
CEO Peter Jackson warns the fee may push customers to unregulated operators that pay no state tax.
FanDuel will remove the $0.50 fee immediately if the state reverses its decision.

item 7.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.