DraftKings unsurprisingly changes course on high tax surcharges after FanDuel refused to follow suit
DraftKings will not impose a gambling tax surcharge after all, the company announced on Tuesday evening.
DraftKings announced two weeks ago that it would impose a surcharge on successful bettors in high-tax states, but backtracked on Tuesday after the parent company of rival sportsbook FanDuel announced in a quarterly earnings call that it would not do the same.
“We always listen to our customers and after hearing their feedback, we have decided not to move forward with the gaming tax surcharge. We always strive to provide the best value in the industry to our loyal customers,” DraftKings said in a statement.
The surcharge was originally supposed to be introduced from the beginning of 2025, but it was always clear that it would be difficult to implement if the competition among bookmakers did not follow suit.
Rather than waste time delaying the inevitable, DraftKings almost immediately rescinded those plans, saving the company the hassle of potentially sending its customers to a competitor.
This article originally appeared on For The Win: DraftKings unsurprisingly reverses course on high tax surcharges after FanDuel refused to follow suit