RegulationGamblingNews · Jul 16
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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