FanDuel, NBA Finals and Bet
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Kalshi continues to disrupt the sports betting space and now FanDuel apparently wants to join in on the prediction market craze. Get all the details here.
SportsLine's Mike McClure, a daily Fantasy pro with over $2 million in winnings, gives optimal MLB DFS lineup advice for Monday, June 16
FanDuel TV will bring one of the pinnacles of international racing into the homes of fans across the country Tuesday, June 17 through Saturday, June 21 with live, on-site coverage of the entire meet from Royal Ascot.
Sports betting service FanDuel has added a 50-cent surcharge to all wagers laid in Illinois to offset the state's per-wager tax of up to 50 cents per bet.
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The new tax is applied to each wager that a sportsbook accepts — 25 cents per bet for the first 20 million wagers, 50 cents per wager after that.
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"Should the state reverse its decision at any point in the future, FanDuel will immediately remove the $0.50 transaction fee," the release said. If that doesn't make obvious what FanDuel is attempting to do -- use bettors to pressure lawmakers into retracting the new tax -- Flutter CEO Peter Jackson's statement should: