by Sam Profeta | May 11, 2022 11:47 am | Sports Betting
Illinois has broken its single-month sports betting handle record. Illinois recorded $971 million in total bets placed. They brought in $62 million in revenue from sports betting. CHICAGO – Illinois made history since launching its sports betting industry back in June...
by Andy Faust | Apr 30, 2019 8:27 am | Regulatory
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...
by Hasan Nabulsi | Apr 23, 2019 8:03 am | Sports Betting
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 to do...
by Andy Faust | Apr 4, 2019 8:52 am | Regulatory
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...
