Caesars currently operates legal sportsbooks in four states across the U.S. Eldorado also offers four sports betting facilities in four U.S. states, including Tropicana Resorts in Atlantic City. Both companies have strategic sports betting partnerships which include companies such as ESPN, the NFL, Turner Broadcasting, … Read more
Legal sports betting is now being operated in seven states and is pending launch in nine states. New Jersey is the only state so far that has come close to meeting its previous projections for sports betting revenue. The state has mobile sports betting. The … Read more
Sports betting in Illinois will become legal upon the signing of IL SB 690. Betting scandals have plagued the state in the past but hopes are that they remain as history. Betting in stadiums is prohibited per MLB rules, though the league is looking to … Read more
Governor J.B Pritzker is expected to sign SB 690 into law this or next week. Stadiums with a sports betting license are granted a 5-block exclusivity zone. Two percent of sports betting revenue will be allocated to Cook County’s justice system. CHICAGO – As the … Read more
SB 690 legalizes new casinos, gambling in airports, and sports betting statewide. Online sports betting requires a $20 million licensing fee. Popular online operators like DraftKings, FanDuel, William Hill, and others are locked out of the IL market for 18 months. SPRINGFIELD, Ill. – It’s … Read more
Representative Mike Zalewski plans to add amendments to IL HB 1260. Adding the amendments will be one of the final attempts to legalize sports betting. The Illinois legislative session ends on Friday, May 31. SPRINGFIELD, Ill. – Mike Zalewski plans on introducing amendments to a … Read more
The 30-second ad aired for less than a day before being voluntarily pulled. BetIllinois made the ad, which was backed by both DFS operators. The removal of the ad signifies that discussions are now underway in earnest. SPRINGFIELD, Ill. – Yesterday, FanDuel and DraftKings released … Read more
IL HB 3308 has been amended to include wagering at professional sports venues like Wrigley Field and United Center. The legislation calls for an “integrity fee” of 0.25% of total handle. The bill also requires bookmakers to use “official league data.” SPRINGFIELD, Ill. – Illinois … Read more
HB 1260 is the last sports betting bill standing in the Illinois legislature. Amendment 1 comes with $10 million in licensing fees for brick-and-mortar and online betting. Amendment 2 would charge even higher rates but limit retail licenses and online licenses statewide. SPRINGFIELD, Ill. – … Read more
Legal Illinois sports betting has legs, but there are several obstacles to consider. IL HB 3308 would create the Illinois Sports Wagering Act and legalize both land-based and mobile sports betting. Other bills would also legalize betting but exclude collegiate wagering, online betting, and eSports … Read more
Illinois Governor J.B. Pritzker included 200 million dollars to be generated from sports betting in IL in the first draft of his budget proposal earlier this year. If Illinois lawmakers choose to pay sports leagues a royalty on bets they would be the first state … Read more
The Illinois legislature is allegedly considering banning DraftKings and FanDuel sportsbooks from the state. Amendment 5 of HB 3308 hints that the major DFS operators could be barred from operating sports betting in the state. SPRINGFIELD, Ill. – Illinois is currently listening to informal proposals … Read more