DraftKings, it seems, may be on an island unto itself for its plan to institute a tax surcharge on winning bets in 2025.
During Flutter s Q2 revenue call this afternoon, CEO Peter Jackson outright said that FanDuel has no plans to institute a tax surcharge on winning bets, but will likely be decreasing promo spend in states that have high tax rates.
Our experience is that moderating levels of generosity and reducing local marketing is the best response, he said during the earnings call.
FANDUEL SPORTSBOOKOfferT&CsBet $5 & Get $200 in Bonus Bets + 3 Weeks of NFL Sunday Ticket
Must be 21+. T&C Apply. Gambling Problem? Call 1-800-GAMBLER.
SIGNUP PROMOBET $5
GET $200
+ 3 WEEKS OF NFL SUNDAY TICKET
CEO Decries Graduated Tax Rat…