March Madness means $400 million in bets from Illinoisans

By Dylan Sharkey

03/17/2025

Illinoisans will wager roughly $400M during March Madness based on last year’s numbers. Sportsbooks in Illinois will also be paying a higher tax than ever before.

TAGS: March Madness

March Madness pushed Illinois sports wagers to $335M last year

By Dylan Sharkey

03/27/2024

Illinoisans are expected to again bet big on college sports during March, driven by March Madness. Sports wagers put $1B into Illinois government accounts last year, ranking it No. 3 in the U.S.

TAGS: March Madness

March Madness means millions in tax revenue for Illinois

By Dylan Sharkey

03/14/2023

Illinoisans bet more than $275 million on March Madness in 2022, with the state netting more than $2 million in tax revenue. Revenue totals for sports betting in 2022 were the second highest in the nation behind New York.

TAGS: Illinois gambling, legal gambling, March Madness

Taxed out: 10 reforms to stop Illinois from losing people and jobs

Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...

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March Madness

March Madness means $400 million in bets from Illinoisans

March Madness pushed Illinois sports wagers to $335M last year

March Madness means millions in tax revenue for Illinois

Taxed out: 10 reforms to stop Illinois from losing people and jobs

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