Sports Betting News

By: Michael SavioDraftKings Sportsbook Drops Plans for Controversial Proposed Surcharge
DraftKings has announced that it will no longer move forward with a controversial surcharge on betting winnings in four major markets with high tax rates. The decision comes soon after FanDuel other operators declined to follow suit by adding similar charges.

By: Michael SavioDraftKings Sportsbook New Surcharge Sends Shockwaves Across Industry
DraftKings stunned the sports betting industry by announcing a new surcharge on all customer winnings in four US markets starting in 2024.