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...
by Christina Monroe | Jun 2, 2021 2:34 pm | Regulatory
Illinois could have in-state college sports betting by the end of this year. Senate Bill 521 would open up moneyline-only style wagers on college teams in the state at retail sportsbooks. The Senate and the House both passed the bill but the House added amendments...
