Illinois Passes Budget With 15% Tax on Fantasy Sports Operators and New Levies on Prediction Market Betting

Illinois's $55.9 billion fiscal 2027 budget creates a licensing structure for DFS operators and imposes a 15% industry tax on fantasy sports, along with new taxes on prediction market sports betting — changes that will affect DraftKings, FanDuel, and other platforms in the state.

By Jason Martinak

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