The city of Chicago is set to discuss a potential new 2% tax on sports betting revenues in the city; this would bring the effective sports betting tax rate to 19%. While many see the tax as an attempt to appease Neil Bluhm – a … Read more
Illinois set to end the in-person sign-up requirements for mobile sportsbooks in March 2020 The end date was announced at the 102nd Illinois General Assembly in accordance with HB 3136. SPRINGFIELD, Ill. – Illinois mobile sportsbooks will soon be able to accept new bettors remotely … Read more
Illinois sportsbooks saw $400.4 million in wagers in August, up from the $369.1 million wagered in July. Online sportsbooks dominated the market, with 95% of total bets for August coming from mobile sportsbooks. DraftKings was the biggest sportsbook in August. SPRINGFIELD, Ill. – Illinois sports … Read more
Sports betting handle hit $633.6 million in March. This can be attributed to March Madness betting. This is the last full month where remote registry was allowed in Illinois. SPRINGFIELD, Ill. – Sports betting fans in Illinois were active during the March Madness tournament, setting … Read more
Illinois and Montana are both celebrating their one-year anniversaries of launching sportsbooks in their states. Due to the huge differences in their market landscapes, Illinois has exceeded expectations in its first year while Montana has done less than expected. CHICAGO – On March 9, 2020, … Read more
Illinois saw more than $491.7 million wagered on sports in December. Eight retail venues were shut down due to COVID-19. DraftKings remains the top mobile app in Illinois. SPRINGFIELD, Ill. – Those betting on sports in Illinois managed to yet again increase the total betting … Read more
Illinois sportsbooks will only offer Super Bowl 55 prop bets for action that occurs on the field. Sportsbooks out of state and out of the country are famous for offering prop bets on the Halftime Show, the Super Bowl ads, and other events surrounding the … Read more
November’s Illinois sports betting numbers hit record-high $447 million in betting handle. Sportsbooks saw $41 million in revenue. The state collected $6.15 million in tax revenue. SPRINGFIELD, Ill. – The legal sports betting market in Illinois continues to see growth as the state hits record-breaking … Read more
A Chicago man has once again been charged with illegally operating a sportsbook in Illinois. Gregory Emmett Paloian has prior convictions of illegal sports betting operations. Paloian has operated his sports betting operations in Elmwood Park, Chicago, and Melrose Park. CHICAGO – On the darker … Read more
The executive order that allows Illinois residents to sign up for mobile sports betting remotely has been extended by Governor J.B. Pritzker. The executive order was set to expire on September 19th. This is the second time the executive order has been extended. SPRINGFIELD, Ill. … Read more
PointsBet has launched mobile and online sports betting in Illinois which is its fourth state in the US sports market. A retail sportsbook will be debuted at the currently renovating Hawthorne Race Course along with a few off-track betting sportsbooks in and around Chicago. Mobile … Read more
DraftKings will open a sportsbook in Wrigley Field as part of the partnership, subject to approval from the City of Chicago. DraftKings’ exclusive deal with the Chicago Cubs will last for multiple years. CHICAGO – In a historic sports betting deal, the Chicago Cubs have … Read more