by Daniel Borjas | May 31, 2019 12:10 pm | Regulatory
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...
by Andy Faust | May 24, 2019 1:47 pm | Sports Betting
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...
by Andy Faust | May 15, 2019 3:15 pm | Sports Betting
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,...
by Andy Faust | May 14, 2019 9:20 am | Regulatory
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...
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...
