DraftKings is shutting down its in-person sportsbook next to Wrigley Field, and the company is making it clear that Illinois’ increasingly aggressive tax structure is a major reason why.
The sportsbook will officially stop taking bets at the end of May, barely two years after opening with major fanfare as one of the most ambitious sports betting destinations in the country. While DraftKings will continue operating in Illinois through its mobile app, the physical sportsbook concept at Wrigley is no longer financially worth it.
The closure is being viewed as one of the clearest signs yet that Illinois has made the sports betting business significantly harder — and far less profitable — for operators…