{"id":320991,"date":"2024-05-28T10:53:51","date_gmt":"2024-05-28T15:53:51","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=320991"},"modified":"2024-05-28T11:32:39","modified_gmt":"2024-05-28T16:32:39","slug":"draftkings-flutter-pinched-by-illinois-sports-betting-tax-hike","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-flutter-pinched-by-illinois-sports-betting-tax-hike\/","title":{"rendered":"DraftKings, Flutter Tumble as Illinois Advances Sports Betting Tax Hike"},"content":{"rendered":"
On news that the Illinois Senate approved a budget that includes a near tripling of the state\u2019s tax rate on regulated sportsbook operators, shares of DraftKings (NASDAQ: DKNG) and Flutter (NYSE: FLUT) tumbled Tuesday.<\/p>\n