Illinois Gaming Board reports $1.07bn sports betting handle for February
The Illinois Gaming Board reported $1.07bn in traditional sports betting handle for February, up 22.3% year on year. Adjusted gross revenue reached $83.5m, while the state collected more than $12.5m in tax receipts. Governor J.B. Pritzker proposed raising the operator tax rate from 15% to 35% in his fiscal 2025 budget.
The proposed tax increase could change operators’ tax costs in Illinois.