FanDuel reinstates 50-cent transaction fee on qualifying Illinois bets to cover per-wager tax

FanDuel has restored a 50-cent transaction fee on qualifying wagers in Illinois to cover the state’s per-wager tax , which charges operators 50 cents per bet after their first 20 million qualified online wagers. Under Illinois law, operators pay 25 cents on each of the first 20 million qualified online bets that customers make during the relevant period , and the rate rises to 50 cents for all further bets. FanDuel entered the highest tax rate once it surpassed the 20 million-wager threshold , and the company then introduced the 50-cent transaction charge on eligible bets to cover that expense.