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Kalshi Sues Illinois Over 15% Prediction Market Tax

2026-06-24 21:45:53

Kalshi sued Illinois after the state created a 15% tax on revenue from sports-related prediction market wagers. The tax is set to launch on July 1 through a Sports Wagering Fund. The CFTC also moved to prevent Illinois from enforcing the law next week.

KALSHI21.08%

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