by Michael Molter | Jun 3, 2025 10:26 am | Legal
Illinois lawmakers passed a $55.2B budget with a controversial new tax on every legal sports bet placed in the state. The measure directly impacts DraftKings and FanDuel and could reshape the economics of legal sports betting. Analysts say other states may follow...
by Zachary Kelley | May 28, 2024 10:57 am | Legal
Illinois is only two steps away from implementing a progressive sports betting tax that reaches up to 40%. The Illinois Senate amended House Bill 4951, including a progressive sports betting tax starting at 20% and reaching up to 40% based on operator revenue...
by Jerad Paparella | Mar 15, 2022 12:15 pm | Legal
Sportsbooks in Illinois handled nearly $870 million in bets in January, a 23.8% increase from December 2021 and a 49.2% increase year-over-year. These figures only stand to improve as Illinois’ in-person sportsbook registration requirement was lifted earlier this...
by Evan Thornton | Nov 10, 2021 12:57 pm | Revenue
Illinois sportsbooks handled $596.4 million in sports wagers in September. A bill will see the in-person registration requirement removed. There’s no set date on when the in-person registration bill will be removed. SPRINGFIELD, Ill – Illinois sportsbooks...
by Christina Monroe | Jun 28, 2021 2:26 pm | Sports Betting
Illinois has had a regulated sports betting industry for two years. Over the last year, since going live in March of 2020, the state has collected $4,144,742,113 in wagers from both retail and mobile sportsbooks combined. The bulk of Illinois sports wagering is done...
