According to a consultant from B Global, the decision by Illinois lawmakers to move forward with raising the tax on sports betting may encourage other US states to follow suit.
The progressive wagering tax rate was passed by the Illinois House of Representatives last week. As a result, the most active sports bettors in the state will now be subject to 40% tax, a significant increase from the current 15% rate.
The progressive wagering tax rate was passed by the Illinois House of Representatives last week. As a result, the most active sports bettors in the state will now be subject to 40% tax, a significant increase from the current 15% rate.
