Illinois classifies Kalshi and other prediction markets as unlicensed sports wagering operators offering the same bets as sportsbooks like DraftKings and FanDuel, but without paying taxes or adhering to reporting standards. #capitolnewsillinois #kalshi #sportsbet
As of Dec. 8, the board reported that total tax revenue generated in 2025 from casino gambling, sports wagering and video gaming reached nearly $1.76 billion. #casino #igb