Illinois Representative Daniel Didech filed House Bill 5143 to repeal the state’s per-bet sports betting fees. Illinois Gaming Board figures cited in the report show nearly 30 million fewer wagers over four months; a separate bill would bar municipalities from adding betting taxes.
Repeal could remove operators’ per-wager tax costs in a market where wager numbers have fallen.
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Illinois lawmakers introduced Senate Bill 4168 on 5 March, proposing a state licensing framework for prediction-market operators overseen by the Illinois Gaming Board. The bill would set initial and annual renewal fees at $1m and impose a 50% privilege tax on adjusted gross receipts from qualifying contracts involving Illinois residents. Sports-related contracts would be excluded from the proposed framework.
Michigan governor Gretchen Whitmer has proposed a new tax on each sports wager, according to a report. The proposal would also raise online casino duty to 36% for the largest operators.
Michigan Governor Gretchen Whitmer proposed new betting taxes in her state budget, according to a report. The plan would charge sportsbooks 25 cents per wager for the first 20 million bets and 50 cents thereafter, while raising the tax rate for larger online casinos to 36%. Lawmakers would need to approve the proposals.
Kalshi filed a federal lawsuit against Illinois officials challenging a state law that imposes a 15% tax on sports-related prediction markets, according to the available report snippet.
Illinois lawmakers passed the FY2027 budget, which taxes sports-event prediction market transactions at 1.75%, rising to 3.5% after a licensee exceeds five million wagers in a fiscal year, according to the report. The budget also establishes licensing and taxation rules for daily fantasy sports under the Illinois Gaming Board. The tax comes amid a jurisdictional dispute with the CFTC, which sued Illinois in April.