Straight to the Point

Straight to the Point

The Forecast

Policy Bills (Tax Rates)

A look at legislation concerning online and land-based tax rate changes.

Steve Ruddock
Apr 14, 2026
∙ Paid

This is a newly created page tracking tax change policies, which have picked up considerable momentum in recent years.

Here are the states that have increased taxes since 2023:

  • Ohio (2023): Doubled its tax rate from 10% to 20% in 2023.

  • Tennessee (2023): Shifted from a 20% revenue tax to a 1.85% handle tax.

  • Illinois (2024): Shifted from a flat 15% rate to a tiered tax rate of 25-40% in 2024.

  • Maryland (2025): Increased the tax on mobile sports betting from 15% to 20%.

  • Louisiana (2025): Bumped its tax rate from 15% to 21.5%.

  • Illinois (2025): Added a $.25 per wager fee on the first 20 million wagers and $.50 thereafter.

  • New Jersey (2025) Increased its online gambling tax rate from 15% on online casinos and 13% on mobile sports betting to 19.75% (plus 2.5% IAT for iCasino and 1.25% on sports betting).

  • Illinois (2025): The city of Chicago added a 10.25% tax on sports bets placed in the city.

  • North Carolina (2026): The state budget raised the tax rate on mobile sports betting from 18% to 23%.

And here’s where promotional deductions have been reduced or eliminated:

  • Louisiana (2024): Reduced the amount of promotional spending that gaming operators can deduct from their tax obligations.

  • Colorado (2024): Imposed a phased reduction on the amount of promotional spending that sports betting operators can deduct from their taxable revenue.

  • Maryland (2024): Decreased the allowable deductions for promotional spending by gaming operators.

  • Virginia (2024): Reduced the amount of promotional spending deductions for sports betting operators.

  • Colorado (2025): passed a bill that sunsets promo bet deductions.

Upgrade to the Forecast Tier for access to STTP’s legislative trackers.

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