DraftKings Raises Sports Betting Taxes
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•DraftKings’ surcharge on New York sports bettors the latest ‘threat’ in state tax battles
72% Informative
DraftKings announced on Aug. 1 that beginning in 2025 , customers located in states with higher tax rates (where 30 percent of profits or higher go to the state) will now have to pay a surcharge on every winning bet to help pay that burden.
Gambling analyst Chris Grove , a partner at Eilers & Krejcik Gaming , called it a risky threat from the betting giant.
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