Illinois introduces new tax impacting the gambling industry, causing stock prices of companies like DraftKings to plummet.

After the Illinois legislature passed the fiscal year 2025 budget, which includes a new sports betting tax, stocks of sports betting companies such as DraftKings, Flutter, and MGM significantly dropped on Monday, with the market reacting strongly to this new policy.The new budget includes a key prov

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Illinois introduces new tax impacting the gambling industry, causing stock prices of companies like DraftKings to plummet.

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Illinois introduces new tax impacting the gambling industry, causing stock prices of companies like DraftKings to plummet.

Illinois Significantly Raises Sports Betting Tax: How Do Gambling Giants Respond to New Challenges?

Bill to classify compulsive gambling as substance abuse passes Illinois Senate

Voters in Chicago suburb back limiting gaming cafes

Illinois Joins C&D Pile-On, Is CFTC Approval Preordained?

Bet365 Forays into Tennessee and Illinois

Illinois: Entertainment venue opens at Full House’s Waukegan casino

Illinois: Decatur in line for horse racing track, casino under proposed legislation

Illinois: Hollywood Casino Resort in Aurora on track to open in first half of 2026

Illinois: Revenue plummets despite record sports betting handle in October

Kambi signs agreement to operate sportsbook with Wind Creek Hospitality in Illinois

Accel Entertainment unveils plans for racino at Illinois sportsbook & horse racing track

Illinois sports betting handle surges to $878 million for August

As Missouri considers sports betting, Illinois’s governor sees no effects on neighboring market

Illinois: Upscale tavern, video gambling proposed in Danville’s North Vermilion business district