A U.S. Supreme Court decision to overturn a federal ban on sports betting in most states Monday has Illinois interested already.
State Sen. Napoleon Harris (D-Harvey) has sponsored sports betting legislation for Illinois in anticipation of such a decision. Harris' bill, SB 3432, would allow Illinois casinos to offer in-person or online betting on professional or collegiate sports.
“It’s a win-win,” Harris said. “Not only do we have an opportunity to legalize an activity many sports fans enjoy, but we also have a chance to bring in revenue for vital services the state provides.”
Sports betting for most states, including Illinois, was prohibited by a 1993 law passed by Congress.
Negotiations on the proposal are continuing. Harris' current bill would impose a 12.5 percent state tax on sports wagering revenue.