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Illinois Dems tap gambling to fill budget gap

Democrats who control state government are betting on two of its most rapidly growing revenue sources: sports wagering and video gambling.

United statesRhode islandNew jerseyNew yorkDistrict of columbiaBlue islandNew hampshireMike dewineBob ritaJeremy kudonJohn dalessandroUs supreme courtSports betting allianceCommission on government forecastingCapital projects fundRevenue fund

ANALYSIS: Democrats tap gaming cash cow to help fill state budget gap

SPRINGFIELD – In order to boost infrastructure spending and avoid a projected fiscal cliff facing the state in the next couple of years, Democrats who control state government are betting

United statesBlue islandNew jerseyRhode islandDistrict of columbiaNew hampshireNew yorkJohn dalessandroBob ritaJeremy kudonMike dewineCapital projects fundCommission on government forecastingUs supreme courtRevenue fundSports betting alliance

Democrats tap gaming cash cow to help fill state budget gap

SPRINGFIELD, Ill. — In order to boost infrastructure spending and avoid a projected fiscal cliff facing the state in the next couple of years, Democrats who control state government are

New yorkUnited statesRhode islandBlue islandNew hampshireDistrict of columbiaNew jerseyJeremy kudonBob ritaJohn dalessandroMike dewineCommission on government forecastingRevenue fundSports betting allianceUs supreme courtCapital projects fund

DraftKings and Flutter stock falls on proposed Illinois tax hike

DraftKings and Flutter both saw their stock price decline as the market reacted negatively to a proposed gambling tax hike in Illinois.

New yorkUnited statesSports betting allianceMemorial dayStreet interactivePenn entertainmentJuice reel

Illinois house approves gambling tax rate hike

In the early hours of Wednesday morning, the Illinois house of representatives passed proposals to increase the gambling tax rate.

United statesNew yorkState housePatrick windhorstHannah meiselJeremy kudonFanduel groupSports betting allianceFanatics sportsbookFlutter entertainment

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