Sportsbooks file lawsuit against Chicago betting tax increase
After the Chicago City Council passed a budget plan to raise the sports betting tax by 10.25% in 2026, the Sports Betting Alliance (SBA) filed a lawsuit to stop the...
Chicago
Chicago to raise sports betting tax by 10.25% in 2026
The Chicago City Council has passed the city’s 2026 budget plan, which will include a 10.25% tax on gambling revenue and is expected to take effect on January 1, 2026.On...
Chicago Mayor open to the idea of video gambling
Mayor Brandon Johnson is now open to the idea of video gambling, after Illinois lawmakers were frustrated with Chicago's initial video gambling prohibition.Mayor Johnson...
Bally’s Chicago makes final effort to secure investors
Bally's Chicago tries to finalize its $250 million initial public offering (IPO), secure investors, and complete the offering within the next few weeks.Eight months after...
Chicago officials consider lifting video gaming ban
Chicago officials consider lifting the city's ban on video gaming and imposing a local tax on online sports betting, requesting a greater cut of tax revenue.City...
