Per-Wager Tax Hurting Illinois' Legal Market, Sports Betting Alliance Says

2026-04-30T23:06:01Z

MeredithRicci0: Die Seite wurde neu angelegt: „ The Sports Betting Alliance (SBA) attributes a second consecutive 15% year-over-year drop in Illinois sports betting to the Prairie State’s [http://218.2…“

The Sports Betting Alliance (SBA) attributes a second consecutive 15% year-over-year drop in Illinois sports betting to the Prairie State’s [http://218.28.198.18610202/jerroldmcgough per-wager tax]. - The SBA also believes September’s 5 million wager decrease came from the tax surcharge. - There were 6.4 million [https://links.simeona.com.br/nateebner8702 fewer bets] placed in October 2025 than in October 2024. - The [https://wiki.creo.com.bd/index.php?title=User:FerneEmb91191896 SBA cites] a responsible gaming expert who says the tax is hurting smaller bettors and the regulated market. The Illinois Gaming Board reported 6.4 million [https://animeautochess.com/index.php/User:Cassie3728 fewer bets] were placed in October 2025 [https://easyentegre.com/blogs/en_iyi_pazaryeri_entegrasyon_firmalari.html compared] to the same month in 2024, which the SBA says "is a dramatic departure from trends in other states." The advocacy group that represents FanDuel, DraftKings, BetMGM, Fanatics Sportsbook, and bet365 says this decrease, combined with a 5 million wager drop in September 2025, [https://pokeavalar.pl/wiki/index.php?title=User:Margart04G confirms] that a tax of [https://meza-realestate.com/agent/elaneswader409/ online operators] on every bet placed is [https://biofree.com.br/aliciabach hurting] the state. "The IGB’s recent data illustrates more alarming evidence that tax hikes are creating a lose-lose situation for fans, where they’re either being forced to pay higher fees or left to abandon the legal sports betting market," the SBA said in a statement. "This is a warning sign, and with Chicago city leaders lumping even higher taxes on fans, Illinois lawmakers are putting at risk the very sturdy regulated market they’ve built since legalization." Chicago instituted a 10.25% tax on operators for bets placed there beginning Jan. 1, [http://mediawiki.copyrightflexibilities.eu/index.php?title=User:GJAMarguerite leading] the SBA to file a lawsuit earlier this month against Illinois’ [https://git.sky123th.com/ardiscortina1 highly populated] city. High rates Illinois lawmakers instituted a 25-cent wager tax that went into effect in July. The rate goes up to 50 cents after the first 20 million bets. Every online sportsbook has passed the cost to [https://maxmeta.io/index.php/User:DerrickDdh customers] in various ways, from issuing a surcharge on bets over a certain amount to forcing bettors to make a higher minimum wager. This came after Illinois went to a [https://88digitalco.com/recession-v-s-digital-marketing/ progressive tax] rate on operators in 2024. The [http://azena.co.nz/bbs/board.php?bo_table=free&wr_id=4804843 starting tier] is 20% for all [http://www.annunciogratis.net/author/meagan27632 operators] and increases up to 40% for sportsbooks that generate over $200 million in adjusted gross revenue. Combining the two makes gives [https://gratisafhalen.be/author/chana96t843/ Illinois operators] some of the most-taxed U.S. sportsbooks. September was the first entire month of [http://mediawiki.copyrightflexibilities.eu/index.php?title=User:DomingoTall1700 per-wager offsetting] costs by the [http://lifo.co/blog/best-wall-charts sportsbooks]. The SBA called the month’s year-over-year betting decline "astounding" during a time when [https://support.theopenroad.cloud/index.php?title=User:EICNikole3078 sports betting] in other states is thriving. Illinois produces one of the top three sports betting handles in the U.S. In October, the last reported month, operators generated $135 million in adjusted gross revenue from a record $1.6 billion in wagers. The state hauled in over $41 million in [https://hiddenwiki.co/index.php?title=User:InesWhitty72584 tax revenue] for the month. [https://www.epesuj.cz/wiki/index.php?title=U%C5%BEivatel:AndyNicolle Challenging] the framework The SBA also recently cited a [https://exit.si/reginaldworthe national] responsible gaming expert, who told the advocacy group that the Prairie State’s [http://git.520hx.vip3000/jetta964879246/the-bet-9ja-promo-code-this-2026-is-yohaig/wiki/The-BET-9ja-promotional-code-2026-is-YOHAIG tax hikes] are undermining consumer protections. "Illinois lawmakers should strive for a legal sports betting framework that encourages responsible play at comfortable stakes for the bettor," Keith Whyte said. "But these taxes raise the price of participation, pushing customers to place higher bets that could be out of their comfort zone. I can envision situations where this required higher spending increases the chance of harm for those who might encounter problems - the exact opposite of what we should want from a legal, regulated market." The SBA and Whyte believe the offset costs that operators are being forced to [http://119.96.62.563000/vaughn46o29706 charge customers] to pay for the per-wager is forcing bettors to the illegal market, like bookies and [https://cryptofutures.trading/index.php?title=User:BZZErnestine offshore sportsbooks]. Those illegal [https://weplex-heatexchanger.com/blog/etude-cas/optimiser-sa-papeterie-grace-a-lechangeur-weplex/ operators] don’t adhere to the same consumer protections, state-producing revenue, and responsible gaming policies as [http://weesen.info/index.php?title=Benutzer:LaceyGreer06 Illinois' regulated] sportsbooks, the SBA says.

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2026-04-30T23:05:52Z

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Per-Wager Tax Hurting Illinois' Legal Market, Sports Betting Alliance Says

Benutzer:MeredithRicci0