RegulationGamblingNews · 2h ago
Illinois Plans to Tax Prediction Markets Transactions
By Stefan Velikov•July 16, 2026
The brief
Illinois’ Senate Bill 3019, signed into law last month by Governor JB Pritzker, will see a new tax on prediction market transactions and a tax rise on sports betting operators. Illinois to Increase Taxes on Sports Operators and Tax Prediction Market Trades The first five million trades would be subject to a 1.75% tax,…
Original report
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