Tag: Video gambling

Sports betting tax backlash, Chicago and State lawmakers

By Erika TulfoMedill Illinois News Bureaunews@capitolnewsillinois.com Chicago’s steep new tax on sports betting is creating a backlash in Springfield that could lead to new restrictions on whether municipalities should have the power to tax gambling revenue. The highly contested tax charges sports betting businesses 10.25% on their net gambling revenue.

Aurora City Council votes to increase the number of video gaming terminals

By Jason Crane The Aurora City Council approved an increase to the number of video gaming terminals permitted in Aurora at the Tuesday, Nov. 25 City Council meeting. City government of Aurora documents show the purpose is to amend the City Code to align with state law and the revision