Flutter Responds To Illinois Transaction Fee

Flutter Entertainment plc (NYSE:FLUT) is among the 10 Best Casino Stocks To Buy Now. FanDuel, Flutter Entertainment plc (NYSE:FLUT)’s top U.S. brand, announced that it will begin charging a $0.50 transaction fee per bet in Illinois starting September 1, 2025.

Flutter Responds To Illinois Transaction Fee.

A bustling casino table surrounded by players, highlighting the gaming entertainment offered by the resort.

The Illinois legislature decided to impose a new betting transaction fee on all sports wagers in the state on July 1, 2025, and this response comes after that decision. Flutter Entertainment plc (NYSE:FLUT) stated that after previously bearing the 2024 Illinois betting tax hike, the additional expense renders ongoing client subsidies unsustainable. The firm affirmed that the $0.50 cost will be waived in the event that the state changes its policy.

According to Peter Jackson, CEO of Flutter Entertainment plc (NYSE:FLUT), the Illinois Transaction Fee penalizes highly invested regulated operators like FanDuel and disproportionately affects lower-wage recreational players. He cautioned that the increased charge would push wagerers to unregulated markets with no consumer protections or tax collection.

Flutter Entertainment plc (NYSE:FLUT) underlined that exorbitant fees boost the illegal betting industry while compromising the long-term state income and user experience.

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