Illinois Sports Betting: What the Government Isn’t Telling You Could Change Everything
Furthermore, the legal teams for FanDuel, BetMGM, and Fanatics should join forces with DraftKings because this bill will have unintended consequences that will hurt the sportsbooks’ wallets. I emphasized “legal” twice, since this tax won’t stop sports betting in Illinois, or any other state that passes a similar bill.Â
Americans were betting on sports long before the Supreme Court legalized it in 2018. And, because we are cowboys, we’ll find ILLEGAL ways to bet on sports if need be (see: bookies, fantasy football leagues, March Madness pools, Super Bowl squares, etc.). We’ve been fighting taxes since the 1770s and politicians win elections by promising to cut taxes.Â
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