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Sports Wagering Act

Coverage of Sports Wagering Act in the Nexus archive.

Earliest in view: Jun 28 · 21:18 UTCMost recent: Jun 28 · 21:18 UTC
Co-mentioned in this coverage
Kalshiorganization1Illinoisplace1Commodity Futures Trading Commissionorganization1Donald Trumpperson1Senate Bill 3019topic1
Recent coverage
  • BUSINESSJun 28 · 21:18 UTCBLOCK CLUB CHICAGO
    Prediction Market Kalshi Sues Illinois Over Its Push To Regulate Sports Bets

    Prediction market Kalshi sued Illinois over new taxes and licensing requirements for sports bets, arguing the state's classification of its platform as unlicensed sports wagering violates federal jurisdiction. Illinois amended its Sports Wagering Act to impose 1.75% and 3.5% taxes on Kalshi's wagers, effective July 1, and requires a costly license. Kalshi claims compliance would conflict with federal Commodity Futures Trading Commission (CFTC) regulations.

Sports Wagering Act · Dossier · The Nexus