Illinois Budget Imposes New Tax on Sports Prediction Markets, Creates DFS Framework

Illinois’ newly approved budget includes a new tax on sports-event prediction market contracts, which could lead to further litigation; it also establishes a DFS framework. Illinois lawmakers have approved a new tax on sports-event prediction market contracts as part of the state’s FY2027 budget package, potentially setting up further legal battles between the state and […] The post Illinois Budget Imposes New Tax on Sports Prediction Markets, Creates DFS Framework appeared first on Gambling Insider.

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