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HomeSportsKalshi Sues Illinois Over New State Tax on Sports

Kalshi Sues Illinois Over New State Tax on Sports

In brief
Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers.
The tax is set to go into effect on July 1. The Trump CFTC has sued to prevent its enforcement.
The case marks the latest battle … [2178 chars]

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