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FanDuel's New 50-Cent Bet Fee Sparks Controversy

6/11/2025

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Summary

Story summary

Starting September 1, 2025, FanDuel will implement a 50-cent fee on all bets in Illinois, a response to a new state tax on sportsbooks. Flutter CEO Peter Jackson condemned the tax for unfairly burdening low-stakes bettors and cautioned it could push customers toward unregulated alternatives. The fee will vanish if the tax is overturned.

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Story summary

Starting September 1, 2025, FanDuel will implement a 50-cent fee on all bets in Illinois, a response to a new state tax on sportsbooks. Flutter CEO Peter Jackson condemned the tax for unfairly burdening low-stakes bettors and cautioned it could push customers toward unregulated alternatives. The fee will vanish if the tax is overturned.