The progressive tax rate for operators based on revenue and an increase in the state's sports betting tax have been approved by Illinois senators for the 2025 budget.
A progressive wagering tax increase that would impose a 40% rate on operators with the highest adjusted gross revenue was included in a version of the budget that the Illinois Senate passed on May 26.
The new system would require an operator with both retail and digital sportsbooks to pay separate taxes for each on a sliding scale.
A progressive wagering tax increase that would impose a 40% rate on operators with the highest adjusted gross revenue was included in a version of the budget that the Illinois Senate passed on May 26.
The new system would require an operator with both retail and digital sportsbooks to pay separate taxes for each on a sliding scale.
