New Illinois Gaming Board Data Indicates Sports Bettors Exiting Legal Market & Making Fewer Bets After State Tax Hike
IGB October data shows second consecutive month of 15% decline in bets.
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.