Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
StateIllinoisIntroduced
HB 5811: SPORTS WAGERING-EXCHANGE TAX
Travis Weaver
HB 5811 status: Introduced — Added Co-Sponsor Rep. Steven Reick (updated Sep 17, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
60OUT OF 100
Score:60/100 civic fit
Risk:Low Risk
Impact:Moderate Impact 45/100
Constitutionality90%
Bipartisan50%
Public opinion50%
Bill summary
What changes
HB 5811 repeals the exchange wager transaction tax currently codified in the Sports Wagering Act, which previously taxed exchange wagers at 1.75% or 3.5% based on volume.
Who is affected
Master sports wagering licensees operating exchange-style wagering platforms and the State of Illinois (via revenue change).
Requirements and enforcement
Licensees no longer need to calculate or remit the specified 1.75% to 3.5% transaction tax on exchange wagers.
Costs and funding
Direct reduction in state tax revenue from exchange wagering.
When it takes effect
Effective immediately upon becoming law.
Potential benefits
Reduces operational and compliance costs for specific gaming license holders.
Risks and tradeoffs
Reduces total revenue collections for the General Revenue Fund.
What is still unknown
The exact magnitude of revenue loss is unknown without data on current exchange wager volumes in Illinois.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
60%
Benefits
- Reduces tax burden on sports wagering exchange operators
- Potentially lowers costs for consumers using exchange platforms
- Simplifies tax compliance by eliminating transaction-specific levies
Risks
- Decreases state revenue from sports wagering activities
- Reduces funds available for the General Revenue Fund
- Shifts fiscal burden away from niche wagering operators
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
Civic Accountability
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
Repealing taxes reduces state revenue streams that were previously allocated to the General Revenue Fund
Analysis scope
Economic impact is dependent on the volume of exchange wagering, which is not specified in the bill
04
Where it stands
Official record- IntroducedCurrent
- CommitteeUpcoming
- Chamber votesUpcoming
- Final agreementUpcoming
- GovernorUpcoming
- EnactedUpcoming
05
How it affects your district
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06
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