Forum

Illinois to Increas...
 
Notifications
Clear all

Illinois to Increase Sports Betting Taxes

2 Posts
2 Users
0 Likes
34 Views
(@samyoung)
Eminent Member
Joined: 4 months ago
Posts: 17
Topic starter  

Illinois increased its sports betting tax rates to fill the budget deficit gaps. They projected it to bring in $200 million a year.   

It is good news for the state but bad news for the sportsbook operators. 

It is my dream to become a bookie. It came true with the help of PPH services.


   
Quote
Keith Carter
(@keithc)
Eminent Member
Joined: 3 months ago
Posts: 26
 

New York has 51%, so the 49% rate for Illinois is nothing new.

That being said we'd probably see a decrease in promotions in sportsbooks that would reach the highest bracket. Something will have to give for them to make up for that increase.

I like reading and contributing to sportsbook reviews, and other things that interest me, like books and films. Love the challenge of betting especially when it comes to basketball and football.


   
ReplyQuote
Share: