President Donald Trump made headlines with the signing of his first major piece of legislation: the One Big Beautiful Bill ...

After adding a per-bet fee to Illinois sports betting wagers, lawmakers may soon ban credit cards for bettors as well ...

The law is creating backlash from the gambling industry and bettors who could owe taxes even if they break even.

Illinois customers may no longer bet below $2.50, based on messages BetMGM sent out. This is to help ensure operating margins within the new framework ...

These changes come in response to a per-wager tax enacted by the Illinois General Assembly in May and effective July 1. Under ...

BetMGM will enforce a $2.50 minimum bet in Illinois, as of Wednesday (July 16), as part of the response to the recent per-wager state tax ...

DraftKings could look to cannonball into the prediction market space with the acquisition of a startup platform.

Jefferies Group reduced its price target for DraftKings to $53 from $60 and has a Buy recommendation on the stock. This ...

(WIFR) - Changes are coming in Illinois as several new laws and tax increases are set to take effect July 1, 2025.

Income from the tax goes the state’s general revenue fund. FanDuel and DraftKings both announced they now will include a 50-cent fee on sports wagers made in Illinois starting Sept. 1.

Online casinos. While the larger U.S. iGaming economy is cruising along, Prairie State residents are seeing the signs of the change because of shifting consumer behavior, shifting laws and fierce ...

Several new Illinois laws and tax increases take effect on July 1, 2025, including new rules for single-use plastics, a tipped minimum wage increase, and taxes on sports bets, vaping and gas.