Re: DraftKings surcharge will be passed on to customers. Will be implemented in the four states with above 20% tax starting Jan 1.
Will be "fairly nominal" to the customer but creates potential EBITDA upside.
Sounds like a bad idea. $DKNG
- Replying to @concenTRADER1It will be a percentage based on the state's tax rate, so this will be a bigger deal the larger your betting unit is. Still, you're telling me all things equal you'd bet with a sportsbook that will pay you less than another? More the principle to me than the cost.
- Can't wait to see how well this ages. $DKNGTo all the haters out there, we will see. Check back with me in 2025
- BREAKING: NY mobile sports betting can begin Saturday at 9 am for BetRivers, Caesars, DraftKings and FanDuel. Story to come.
- Just a reminder that covering ridiculous parlay wins as news, especially without context of how rare and unlikely it is, is most definitely not a responsible gambling practice.
- And there it is. Mobile sports betting officially on California’s ballot in November.
- Robins was asked if $DKNG hoped showing this surcharge to the customer would start a grassroots push to lower taxes. He said yes, hopefully states will reconsider if they hear from locals or local teams. Might start a grassroots push not to gamble on your platform too though
- I’m headed on vacation for a few weeks but shots fired: legalsportsreport.com/194473/q2-repo…
- Just want to brag a bit on my beautiful fiancee, @FantiniAshley, for being a champ through 30 hours of labor to give us our beautiful Emma Gianna. See you guys after some family time!
- Kambi's bid with 5 operators and FanDuel's bid with 4 operators approved for New York betting. Bet365 was the only other qualified applicant but was left out. Story to come.
- Replying to @ByMatthewWatersSurcharges will vary in rate and will be implemented in New York, Pennsylvania, Illinois and Vermont. $DKNG
