Illinois regulators say prediction markets are illegal gambling, but bettors — and the Trump family — love them – Capitol News IL

In one effort to rein in the platforms, State Sen. Michael Hastings introduced legislation last week that would require prediction market operators to pay a $1 million fee to the Illinois Gaming Board to obtain a “master prediction market license” and empower the state to collect a tax equal to half of a licensee’s adjusted gross receipts from bets made by in-state users.
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Call my shrink
2 months ago

You got it We want it. Dem playbook chapter 1

David F
2 months ago

Another market that will be lost to another state.

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