September was just the third month of operation for Illinois sports betting, and over 90% of the bets came from mobile devices. The state has seen amazing and steady growth ever since it began regulating the activity in March. Some industry analysts estimate Illinois could even compete with Nevada sports gambling revenue within just the next few years. The Illinois Gaming Board released the September report last week but has yet to release figures for October. Sportsbooks in the state came out on top by about $11 million on bets that were settled in September, generating about $1 million in…

Illinois sports betting becomes a reality after their governor signed a massive gambling expansion bill which he called “the most comprehensive reconstruction effort in this state’s history”. The legislation opens the door to video gambling machines at larger truck stops, to slot machines at O’Hare and Midway airports, and introduces legal sports wagering to Illinois. Casinos and horse racing tracks will be able to offer slot machines and other games of chance, and can apply for the $10 million sports betting licenses. However, online sports betting giants will be stuck in the “penalty box” for the first 18 months, effectively…

Illinois sports betting legislation was passed over the weekend and will most likely bring legal sports betting to the state. The bill will allow sports betting online and at the state’s casinos, racetracks and at larger sports facility. According to ESPN, sports betting licenses will cost the operators $10 million and are valid for four years. Operators will be taxed at 15 percent of their total revenue. The bill now heads to the desk of Gov. J.B. Pritzker, who is likely to sign the bill later this month. “Today is the culmination of a tremendous amount of hard work, determination…

New Governor J.B Pritzker has raised hopes of legal Illinois sports betting after including $200 million in future tax revenue from wagering activities in his 2020 budget proposal. Pritzker is proposing to legalize sports betting at facilities across the state, including in-person and online gambling. Those betting via the internet would be able to do so from inside Illinois or in a jurisdiction that has entered into a reciprocal agreement with the state. Pritzker has said Illinois could generate between $384m and $680m in gross sports betting revenue per year under full implementation. Based on the proposed 20% tax rate,…

The second chapter on Illinois sports betting and possible online casino expansion is set to take place Wednesday at the state capitol. State Rep. Bob Rita, a Democrat, will bring together two House subcommittees to discuss various gaming topics such as sports betting, online gambling, daily fantasy sports (DFS) and casino expansion. It has been quite the journey for Illinois gaming, which has been kicking around since early 2017. Introduced by Rita, the legislation has morphed into a massive gambling expansion bill akin to a 2017 law passed in Pennsylvania. For more on Illinois sports betting and online gambling, visit…