Illinois To Pitch Sports Betting As Part Of An Aggressive Incoming Bill
This week the new Governor of Illinois, J.B. Pritzker, will submit his budget proposal to the state legislature. Pritzker is looking for a big push for a progressive income tax that includes sports betting as a huge part as the revenue boost in the upcoming year. “He’s trying to rectify a budget situation that’s four years in the making, and he sees sports betting as part of that solution,” Illinois Rep. Mike Zalewski said. “He’s an incoming Democratic governor who won by a wide amount. Those in our caucus want to give him what he asks for to lead us. “To have him ask for sports betting, I think we’ll be supportive of it.”
Pritzker’s budget for Illinois includes $38.9 billion in revenue and $38.75 billion in expenditures. The budget needs approval, but the idea to attack big issues deserves credit. “It’s time for a change,” Pritzker said during his first budget address. “Workers deserve an income tax cut and a property tax break. A fair tax system will allow us to eliminate the structural deficit that has plagued our state for nearly two decades.”
The Battle For Sports Betting To Be Approved In Illinois
Three years ago the Daily Fantasy Sports got to the board to be discussed as part of the new legislation in Illinois. The bill simply saw a wall with opposition from other stakeholders and never had a chance.“Every gaming bill in this state the last 10 years has collapsed under its own weight,” Zalewski said. “It’s a really hard topic because there’s so many interests trying to get the best deal they can for themselves.”
Rep.Bob Rita had an ambition gambling bill that included legal sports betting, DFS, online poker, and even iGaming. Alongside, there were going to authorize six casinos in the state. The bill, once again, had no success.
The state of Illinois has 10 riverboat casinos, three racetracks, and more than 6,000 slot parlors. The idea to approve sports betting comes in handy for a state that has the infrastructure for it to work pretty much in place.
Governor J.B. Pritzker is also pushing for recreational use of marijuana to be legalized in Illinois. The bill is definitely thinking big picture, but it might be too much to handle in a short period for the conservatives.
Neither Pritzker nor Zalewski is ready to disclose what his Illinois sports betting bill will include. While a state like Illinois discusses these issues, they might want to look at how good things have turned out for New Jersey.