Illinois Sees Significant Betting Decline After New Tax Takes Effect
Illinois’ sports betting industry experienced a pronounced drop in wagering volume this September, marking the first full month under the state’s newly implemented per-wager tax. Data from the Illinois Gaming Board (IGB).
Drop in Illinois Bets Stems from Per-Wager Tax
Five million fewer bets were placed in September than in the same month in 2024, according to data from the Illinois Gaming Board…
Illinois sports wagers decline after implementation of new tax
“Overtaxing legal betting will send bettors either outside state lines, city lines, or to the predatory illegal market and have profound negative implications for the legal market and also future tax revenues here.”
Is Gambling Really Threatening the Integrity of Sports?
After a recent N.B.A. scandal, more writers and pundits have come out against legalized betting. But the case that they’re making is weaker than it appears.
Making legal sports betting more expensive carries big risks for consumer protections
The choice is clear: Illinois can preserve a stable, regulated marketplace by maintaining a tax structure that keeps operators and players in the legal market. Pushing players to bet more and shifting them to the black market are not desirable outcomes for anyone.
NBA Betting Scandal Shows How Legalized Gambling Actually Helps Root Out Corruption
Legalized sportsbooks, and their cooperation with the NBA and law enforcement, are likely a big reason the scheme was uncovered at all.