The $17.6 billion proposal relies primarily on hikes to close a projected $882.4 million Corporate Fund deficit.

Chicago Mayor Brandon Johnson describes the 2026 budget as “Protecting Chicago,” but his plan seems to do the opposite. Taxes on Artificial Intelligence, Uber rides and companies with 100+ employees are the biggest revenue sources.

Illinois is adding a 25-cent fee to all bets and 50-cent fee to high-volume sportsbooks such as DraftKings and FanDuel starting July 1. Illinoisans lost $1.12 billion in 2024, with $700 million of that on parlays. The new fees will add even more to that total.

Gov. J.B. Pritzker signed a $55.2 billion budget propped up by five new tax hikes starting July 1. Gas, phone bills, tobacco, sportsbooks and rentals such as VRBO will all come with higher taxes in Illinois.

Gov. J.B. Pritzker’s record $55.2 billion budget relies on Illinoisans paying over $394 million in new or higher taxes on sports bets, tobacco, short-term rentals and more. At the same time, he’s set to take away a property tax break.

The Illinois General Assembly and governor devised 20 different ways to take more money from taxpayers to finance spending on government operations and infrastructure.

Answers to frequently asked questions about new casinos and sports betting in Illinois.

New change in law paves the way for sports betting at Wrigley Field, Soldier Field, and the United Center, among other venues.