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Chicago Confirms 10.25% Sports Betting Tax in 2026 Budget Plan
Chicago’s 2026 budget will introduce a new city-level tax on sports betting revenue, adding to an already complex regulatory and tax structure for gambling operators in Illinois. The measure, which takes effect on January 1, applies a 10.25% tax to sportsbook revenue generated within city limits.
The budget became law after Mayor Brandon Johnson allowed it to take effect without signing or vet...

