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Illinois lawmakers approve per-bet fees for online sportsbooks

Regulation

Illinois lawmakers approved a budget on 31 May that adds a fee to online sports bets, according to the report; Governor J.B. Pritzker said he would sign it. Operators would pay $0.25 for each of their first 20 million online bets annually and $0.50 for each bet beyond that, with the fee estimated to raise $36m a year. The charge would apply alongside the state’s existing progressive tax on sportsbook revenue.

The volume-based fee adds an operating cost for sportsbooks beyond Illinois’ existing revenue tax.

End-of-day close DraftKings (DKNG), USD, to 17 July 2025
Story date21 April 202517 July 2025

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