Illinois Budget Passes with Significant Sports Betting Tax Hike

In a late-night vote just minutes before the constitutional deadline, Illinois lawmakers passed a $55.2 billion state budget that introduces sweeping changes to the taxation of sports wagering. The new fiscal plan, approved strictly along party lines, imposes new fees on every online sports bet placed in the state and introduces the nation’s first progressive […]

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Jun 2, 2025 - 08:50
Illinois Budget Passes with Significant Sports Betting Tax Hike

In a late-night vote just minutes before the constitutional deadline, Illinois lawmakers passed a $55.2 billion state budget that introduces sweeping changes to the taxation of sports wagering. The new fiscal plan, approved strictly along party lines, imposes new fees on every online sports bet placed in the state and introduces the nation’s first progressive […]