Illinois Drops a Bomb on Sportsbooks: New Pay-Per-Bet Tax Shakes Up the Industry

Illinois Drops a Bomb on Sportsbooks: New Pay-Per-Bet Tax Shakes Up the Industry

Sportsbook Operators in Illinois will pay 25 cents per wager up to 20 million bets and then 50 cents per bet after that. Stock prices are already taking hits, and other states are watching closely Sportsbooks operating in Illinois could…