FanDuel announced on June 10, 2025, that it will introduce a new 50-cent transaction fee on all wagers placed on its platform in Illinois. This surcharge is a direct response to a new tax instituted by the Illinois state legislature, which disproportionately affects leading sportsbooks like FanDuel.
The new state tax applies 25 cents per bet for the first 20 million wagers and 50 cents per wager thereafter. FanDuel stated that it would immediately remove the $0.50 transaction fee if the state reverses its decision in the future, emphasizing its disappointment with the new tax structure.
Citizens gaming analyst Jordan Bender estimates that this new transaction fee could translate to an additional $86 million in revenue for FanDuel in 2026, representing approximately 2% of its projected EBITDA for that year. The move highlights how regulatory changes can directly influence pricing strategies and financial outcomes for major operators in the U.S. sports betting market.
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