Tax impact online sports betting

Illinois imposed a “25-cent “privilege” tax on wagering licensees for each mobile or online bet up to 20,000,000 bets and 50 cents on each bet after that. The operators can then pass the cost on to bettors.”

What happened after the tax was imposed? Sports betting decreased 15% in the first month.

Governing | Illinois Sports Betting Drops After New Wager Tax Takes Effect