CHICAGO -- A battle has been brewing over sports betting in Illinois.On one side, Gov. JB Pritzker is trying to more than double taxes on winning bets. On the other, the betting companies are now asking their customers to get involved to stop it.Companies like DraftKings, FanDuel, and BetMGM have all come together to form the Sports Betting Alliance. The competitors are united against Pritzker's proposed tax hike – which he estimates would generate an additional $200 million for the state.
'The truth lies somewhere in the middle,' said sports betting regulatory reporter Robert Linnehan, of Sports Betting Dime. 'The operators are obviously not happy with the proposal.'Sports betting companies said if approved, higher taxes would mean worse odds, and fewer promotions for users – which they warn could fuel the illegal market. The companies also warn the tax hike may drive all but the top three sportsbooks out of Illinois.
Sports Betting JB Pritzker
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