Chicago Mayor proposes a 10.25% local tax on sports betting revenue, estimated to generate $26 million annually.

Chicago Mayor Brandon Johnson, in his proposed $16.6 billion budget for 2026, plans to impose a 10.25% local tax on sports betting revenue, expected to generate about $26 million annually to help offset a $1.15 billion budget deficit. The proposal is set to take effect on January 1, 2026, and will b

24like·0comment

#Chicago

Chicago Mayor proposes a 10.25% local tax on sports betting revenue, estimated to generate $26 million annually.

Chicago plans to lift video gambling ban, sparking controversy; Bally's warns of $70 million annual loss

Chicago: Bally’s Casino scores caisson permit at 705 W. Chicago

Chicago mayor claims Bally’s agreement with city doesn’t cover property tax break

Bally’s seeks property tax break for $1.7 billion Chicago casino

Bally’s Wants Huge Property Tax Cut for Chicago Casino & Resort

Circa Sports Illinois to host Big Game watch parties at American Place in Waukegan and Blue Bayou in Chicago

Chicago: Casino operator Bally’s faces no city fines for demolition debris dumped into river

Bally's launches investment program to boost diversity and inclusion at its permanent Chicago casino

Illinois: Is Chicago area’s gaming market getting oversaturated?

Chicago Mayor proposes a 10.25% local tax on sports betting revenue, estimated to generate $26 million annually.

Chicago plans to lift video gambling ban, sparking controversy; Bally's warns of $70 million annual loss

Chicago: Bally’s Casino scores caisson permit at 705 W. Chicago

Chicago mayor claims Bally’s agreement with city doesn’t cover property tax break

Bally’s seeks property tax break for $1.7 billion Chicago casino

Bally’s Wants Huge Property Tax Cut for Chicago Casino & Resort

Circa Sports Illinois to host Big Game watch parties at American Place in Waukegan and Blue Bayou in Chicago

Chicago: Casino operator Bally’s faces no city fines for demolition debris dumped into river

Bally's launches investment program to boost diversity and inclusion at its permanent Chicago casino

Illinois: Is Chicago area’s gaming market getting oversaturated?