Michigan proposes a 25–50 cent per-bet tax modeled after Illinois, projecting $38.8 million in annual revenue for Medicaid funding. Illinois saw a 15% drop in betting volume after implementing the same tax as operators passed costs to bettors through fees. Republican legislators and betting operators … Read more
Illinois Rep. Edgar González Jr. filed new legislation to legalize online casino betting with a 25% tax following last year’s unsuccessful attempt. Polymarket faces a court-ordered suspension in Nevada until February 11th after a judge ruled the platform appears to violate state gambling regulations. New … Read more
State legislators filed three bills in January to stop Chicago’s 10.25% sports betting tax and keep all gambling rules at the state level. City leaders want the tax to fix a $1.2 billion budget gap, but lawmakers say it’ll push bettors to illegal websites instead. … Read more
The American Gaming Association is warning leagues to avoid creating partnerships with Kalshi and other prediction markets as states stake their claim to what is legal sports betting. A Colorado judge denied two tribes in Colorado their right to offer sports betting based on the … Read more
May data for Illinois sports betting marks an 11th consecutive billion-dollar month and reflects a 24.9% YoY increase from May 2024. The milestone comes just as new per-bet taxes take effect and changes are expected to reshape the market. CHICAGO — Illinois joined the elite … Read more
Hawaii lawmakers rejected a final sports betting bill, keeping the Aloha State without regulated sportsbooks. Illinois regulators move to ban credit card use for sports bets, aiming to boost responsible gaming protections. Another year, another stall for Minnesota sports betting legalization, which faced setbacks amid … Read more
The nationwide sports betting handle post-PAPSA surpassed $300 billion on Tuesday. States cashed in on more than $2 billion in tax revenue in the last five years. Illinois’ record $1.38 billion handle for November pushed the all-time handle past the milestone. FanDuel received more than … Read more
Illinois residents only wagered $679.4 million on sports in February. Sportsbooks made in February just over half of the revenue that they did in January. SPRINGFIELD, Ill. – The regulated Illinois sports betting market saw a significant dip in both handle and revenue throughout February. … Read more
Sportsbook operator FanDuel has reached an agreement with the United Center to launch a two-story, in-person sportsbook located inside the stadium, home to the Bulls and Blackhawks. The next step is for FanDuel and the United Center to apply for a sportsbook license with the … Read more
Illinois set to end the in-person sign-up requirements for mobile sportsbooks in March 2020 The end date was announced at the 102nd Illinois General Assembly in accordance with HB 3136. SPRINGFIELD, Ill. – Illinois mobile sportsbooks will soon be able to accept new bettors remotely … Read more
Illinois sportsbooks saw $400.4 million in wagers in August, up from the $369.1 million wagered in July. Online sportsbooks dominated the market, with 95% of total bets for August coming from mobile sportsbooks. DraftKings was the biggest sportsbook in August. SPRINGFIELD, Ill. – Illinois sports … Read more
Illinois took in $476.5 million in wagers in June. Approximately 94.8% of all bets were done using mobile sportsbooks. The state saw $48.2 million of revenue in June from its sports betting market. SPRINGFIELD, Ill. – Last week, the Illinois Gaming Board (IGB) released June … Read more