Airports, bars, and restaurants in Chicago might soon see the introduction of video gambling, as city officials ponder over the legality of the practice.
In the heart of the Midwest, Illinois has made significant strides in its gaming tax policy, particularly in the realm of sports betting. Grant Mitchell, a seasoned veteran of the gambling industry, has been closely following these developments.
With a background spanning casinos, sports betting, and iGaming, Mitchell has been instrumental in reporting on these changes. In 2025, Illinois officials introduced notable modifications aimed at boosting gaming tax revenue, especially in sports betting, a major segment of video gambling.
The state transitioned from a percentage-based tax on betting revenue to a per-bet tax structure. Sportsbooks now pay 25 cents for each of the first 20 million wagers and 50 cents for every wager beyond that annually. This law applies nationwide for online bets in Illinois, signaling a move to generate more consistent tax revenue regardless of gross revenue fluctuations.
Moreover, Illinois is considering regulations to ban the use of credit cards for sports betting funding. This proposal, currently under a public comment period, could also affect cashless wagering at casinos, indirectly boosting regulatory oversight and potentially increasing compliance-related revenues.
However, no detailed changes or new legislation have been found regarding airport bill revenue specifically. The focus remains largely on betting tax reforms and measures targeting sports wagering mechanics.
Summary of key recent changes in Illinois gaming tax policy:
| Aspect | Change Description | |----------------------------|--------------------------------------------------------------------------------------------------| | Sports Betting Tax | Shift to per-bet tax: $0.25 per wager for first 20M wagers, $0.50 after that | | Previous Tax Model | 15% to 20-40% tiered tax on gross sports betting revenue | | New Proposed Regulations | Potential ban on credit card use for sports betting accounts, affecting cashless wagering | | Effect on Video Gambling | Indirect through sports betting tax, no direct new tax changes noted for other video gambling forms |
Grant Mitchell, an expert in industry news, has been covering these changes extensively. His unwavering dedication to accuracy and his knack for breaking down complex topics into digestible bits make him a reliable source for anyone interested in the evolving world of gambling.
Mitchell's persistence is not limited to his professional life. As a former long-distance runner, he embodies the spirit of perseverance, a trait that has served him well in his career.
[1] [Source 1] [2] [Source 2] [3] [Source 3]
- Grant Mitchell, a seasoned expert in the casino-and-gambling industry, has been following the recent changes in Illinois' gaming tax policy, particularly focusing on sports betting.
- In 2025, the state of Illinois implemented significant changes in its gaming tax policy, switching from a percentage-based tax on betting revenue to a per-bet tax structure for sports betting.
- Illinois is considering new regulations that could potentially ban the use of credit cards for funding sports betting accounts, which might also affect cashless wagering at casinos.
- sports betting, online casino, and roulette are popular activities in Illinois, and their respective tax revenues contribute significantly to the finance sector of the state.
