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Illinois Budget Introduces New Taxes on Crypto and Sports Betting
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Illinois Budget Introduces New Taxes on Crypto and Sports Betting

Illinois lawmakers approved a $55.9 billion fiscal 2027 budget introducing new taxes on cryptocurrency transactions, fantasy sports operators, and prediction market sports betting.

Illinois lawmakers approved a $55.9 billion fiscal 2027 budget introducing new taxes on cryptocurrency transactions, fantasy sports operators, and prediction market sports betting.

Illinois lawmakers have passed a $55.9 billion budget for fiscal 2027, which includes new taxes on cryptocurrency transactions, fantasy sports operators, and prediction market sports betting. The spending plan aims to maintain funding for social programs amidst worries about potential federal spending reductions.

By Editorial profile image Editorial
Updated on
Regulation Illinois Cryptocurrency Fantasy Sports Operators Prediction Market Betting