Betting Revenue Reports Show The Importance Of Mobile Sports Betting

Mobile Sports Betting

Mississippi sportsbooks were able to make some kind of revenue in the last nine days of May when retail locations opened. Illinois’ first mobile sportsbook launch on Thursday allowed for plenty of business and interest by gamblers in the state. Time and time again, mobile … Read more

Illinois Launches Mobile Sports Betting Platform With BetRivers

BetRivers Sportsbook

Illinois launched their first legal online and mobile sportsbook in the state’s history on Thursday with BetRivers. The sports betting industry in Illinois can now begin to start making some revenue from the sports betting odds while retail sportsbooks are still on lockdown. Previous projections … Read more

7 IL Sportsbook Licenses Awarded, More Approval Needed For Mobile

Illinois Sports Betting

The Illinois Gaming Board (IGB) has issued seven new sportsbook licenses to casinos in Illinois. Fees from the licenses were able to give Illinois $40 million in instant revenue. The odds of each sportsbook launching depends on additional approval from the IGB. CHICAGO – Seven … Read more

IL Required In-Person Registration For Mobile Sports Betting Suspended

In-Person Sports Betting Registration

Governor J.B. Pritzker has lifted the in-person mobile sports betting registration requirement by Executive Order on Thursday. With major professional sports making a comeback and retail sportsbooks shut down due to the Coronavirus pandemic, Pritzker issued the order. Mobile sports betting platforms in Illinois are … Read more

DraftKings Outlook: More Live Betting, Potential B/R Acquisition

DraftKings

DraftKings appears primed for continued growth despite the disruptions caused by the ongoing Coronavirus pandemic. In 2020 and 2021, the company is focusing on expanding its live betting options and its consumers’ awareness of live betting. The company has also begun exploring an acquisition of … Read more

BetRivers Looks To Be The First Mobile Sportsbook In Illinois

BetRivers Sportsbook

There are six different sportsbook operators that have received a sports betting license in Illinois. BetRivers is likely to be the first online and mobile sportsbook in Illinois. In-person registration will make it difficult for new online sportsbooks to operate during the pandemic. DES PLAINES, … Read more

DFS Decision In IL Could End Mobile Sports Betting Waiting Period

Fanduel - DraftKings

The Illinois Supreme Court ruled on April 16 that some daily fantasy sports games are legal under state law, as they are games of skill rather than chance. This decision overrules a previous opinion by the former Illinois Attorney General in 2015, which classified all … Read more

Illinois Supreme Court Rules DFS As Game Of Skill, Not Chance

DraftKings

Daily Fantasy Sports (DFS) has been ruled by the Illinois Supreme Court as a legal game of skill that is open for wagers. Unregulated games of chance are not allowed to gamble on under the Illinois Constitution but games of skill are allowed. Any person … Read more

Amendments To VA Sports Betting Bill Could Increase License Fees

NASCAR

Virginia Gov. Ralph Northam sent recent sports betting bills back to the state Legislature with proposed amendments that would increase licensing fees for sportsbooks. The most impactful change would require a $50,000 background check fee for all “principals” of a sports betting operator—this could cost … Read more

IL Sports Betting Receives Approval Of Phase Two Rules Package

Illinois Sports Betting

Phase Two of the sports betting rules in Illinois will give priority to businesses receiving their licenses first over others if they can bring in more revenue for the state. Currently, all casinos nationwide have been shut down due to the Coronavirus pandemic. Illinois has … Read more

Odds For Which Political Party Will Control Senate, House Are Up

Congressional Election Odds

The Senate race is expected to be tight, with Republicans (-130) and Democrats (EVEN) both having good odds to win a majority of seats. Democrats (-275) are heavily favored to win a majority of the 435 House of Representatives seats over Republicans (+200). Republicans have … Read more

IL Democratic Primary Odds Favor Biden Despite Voting Chaos

Illinois Democratic Primary Election

Joe Biden (-5000) is a heavy favorite over Bernie Sanders (+1200) to win the Illinois Democratic primary election. The ongoing COVID-19 pandemic could depress older voter turnout, which leaves some potential for Sanders to make up ground. Illinois has been experiencing chaos across the state … Read more