Starting September 1, Illinois sports bettors using Caesars Sportsbook will see a new 25-cent charge added to every online wager — a direct response to the state’s escalating tax burden on gambling operators. The move highlights a growing trend: as Illinois ramps up taxation on sportsbooks, the cost is being quietly shifted to players. A […]
Illinois
Illinois Senate Approves Progressive Tax Structure for Sports Betting
The Illinois Senate has voted in favor of a new bill that restructures the tax system for sports betting operators within the state. Passed with a vote of 37-22, the bill, known as HB 4951, introduces a progressive tax scale based on the adjusted gross revenue (AGR) of sports betting companies. This significant shift in […]
