RegulationCDC Gaming · 6d ago
Illinois: Bill seeks to remove prediction market tax
By Chris Sieroty•September 9, 2026
The brief
As part of its state budget, Illinois amended its sports betting law to tax and treat certain sports-event contracts offered on prediction markets as “exchange wagers,” which was quickly challenged in court by Kalshi and the Commodity Futures Trading Commission (CFTC). House Bill 5811, introduced by Republican state R…
Original report
CDC Gaming
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