by Carter Floyd | Feb 12, 2020 11:39 am | Sports Betting
Chicago’s Rivers Casino is racing to fill out a full sportsbook staff in time for March Madness. Illinois legalized sports betting in 2019 but has struggled to achieve a full launch. Sports betting in Illinois could be a multi-billion-dollar industry. DES PLAINES,...
by Christina Monroe | Feb 10, 2020 12:51 pm | Sports Betting
The state of Illinois will be getting a new home for the Chicago Cubs broadcasts in the Marquee Sports Network. Due to the legalization of sports betting in Illinois, the channel will be airing a popular show about wagering on sports, “Follow The Money.” The...
by Christina Monroe | Jan 27, 2020 3:59 pm | Regulatory
Legal sports betting in Illinois is progressing with the rollout of phase two of the rules and regulations of the new law. Sports bettors must be 21 years old in order to wager on sports competitions. Initial revenue estimates by the Governor saw at least $200 million...
by Michael Molter | Dec 31, 2019 11:05 am | Revenue
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS –...
by Christina Monroe | Dec 19, 2019 11:45 am | Regulatory
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue....
