Illinois House advances progressive sports betting tax of 20% to 40%
The Illinois House approved concurrence on amendments to HB 4951, sending the bill to Governor JB Pritzker, according to the report. The measure would replace the 15% flat tax on adjusted gross sports betting revenue with rates from 20% to 40%; Pritzker was expected to sign it.
If enacted, the bill would change the tax rates applied to sports betting operators in Illinois.