FanDuel Waives Surcharge On Bets Placed In Illinois [Yahoo! Finance]
DraftKings Inc. - Class A (DKNG)
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Source: Yahoo! Finance
Mandatory Credit: Stephen Lew-USA TODAY Sports FanDuel announced Thursday it is waiving its 50-cent surcharge on bets placed in Illinois through June 19, which may be a sign that state Rep. Daniel Didech's bill to repeal the much-derided wager tax is gaining traction in Springfield. An email sent to Illinois bettors did not explain why FanDuel is waiving the surcharge, simply that the digital titan is opting to do away with its pass-through. None of the other nine mobile sportsbooks in Illinois have yet offered bettors anything similar. Other operators have chosen a variety of methods to counterbalance the surcharge, including setting minimum wager amounts. As one of the top two mobile sportsbooks in Illinois, FanDuel has been paying the higher 50-cent per-wager surcharge since September when it crossed the 20 million wager threshold in the fiscal year, triggering the increase from 25 cents per bet placed. FanDuel has remitted more than $32.8 million to the state via the wag
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