Tax

230 ILCS 45/25-120.7, under Sports Wagering Act.

230 ILCS 45/25-120.7

(230 ILCS 45/25-120.7)     Sec. 25-120.7. Tax. Beginning on July 1, 2026, and for each 12-month period thereafter, for the privilege of holding a license to operate fantasy contests under this Act, this State shall impose a privilege tax of 15% on the fantasy contest operator licensee's adjusted gross fantasy contest receipts.

(Source: P.A. 104-468, eff. 6-16-26.)