Illinois lawmakers approve per-bet fees for online sportsbooks
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.