Illinois Archives - Legal Sports Report

The Week In Sports Betting News: Is It Too Late For Ohio, Massachusetts?

This week's recap of sports betting news includes an update out of Ohio and Massachusetts as well as solid numbers out of Illinois and Tennessee. Read More

Posted on: November 23, 2020 | | Matthew Waters

FanDuel To Make Major Investment In New IL Sportsbook At Fairmount Park

Fairmount will rebrand to FanDuel Sportsbook and Horse Racing and be fitted out with a sportsbook as part of a “full revitalization” of the property. Read More

Posted on: November 16, 2020 | | Brad Allen

Mobile Illinois Sports Betting Surges In September Despite Law Crafted Against It

The popularity of mobile Illinois sports betting is not a surprise but its ability to thrive in a market crafted against it bears mention. It took long enough, but we finally know how much was wagered on sports betting in Illinois and the total US in September. Total US sports betting handle was nearly $2.9 […] Read More

Posted on: November 16, 2020 | | Matthew Waters

Indiana Sports Betting Still Hitting Records Despite Robust Illinois Market

The sports betting industry wasn’t sure how the Indiana market would hold up whenever Illinois entered the sports betting scene. Illinois appears to be grabbing some share but the Hoosier State is holding on well, though. Sportsbooks saw another record month for both handle and revenue in October. Handle hit $230.9 million with $21.1 million […] Read More

Posted on: November 10, 2020 | | Matthew Waters

FanDuel Sportsbook Expands IL Sports Betting Presence With Fairmount

A long-rumored partnership involving FanDuel Sportsbook and a track with a prime retail location in Illinois is finally moving forward. The Illinois Gaming Board found Fairmount Park near St. Louis preliminarily suitable for a gaming license and granted a master sports wagering license. It sounds like the track will go by a new name to […] Read More

Posted on: October 29, 2020 | | Matthew Waters

PointsBet Details Next Two State Launches After Illinois Push

PointsBet is in the thick of it as a multi-state US sports betting operator. The company saw US handle jump 130% to about $117 million in its fiscal first quarter ending Sept. 30. That didn’t lead to a whole lot of revenue, though, with just more than $2 million for the entire US, according to […] Read More

Posted on: October 28, 2020 | | Matthew Waters

Illinois Sports Betting August Market Leader Exactly Who You Would Expect

The jump BetRivers enjoyed on mobile sports betting in Illinois certainly paid off in August. Total Illinois handle was $139.8 million, up significantly from $52.5 million in July. Revenue hit $7.2 million, good for 5.2% hold, according to the state’s reports. BetRivers accounted for 84.2% of that total with $117.7 million in handle. That left […] Read More

Posted on: October 6, 2020 | | Matthew Waters

The Week In Sports Betting News: Illinois Stays Remote – For Now

Happy Monday, everyone. The second week of the NFL was just like the first as news of big bets across the country showed sports betting is back in earnest. Sports betting results already started skyrocketing in August, with multiple states hitting all-time records. That rebound was one of the big discussions on the most recent […] Read More

Posted on: September 21, 2020 | | Matthew Waters

Will Illinois Sports Betting Get Another Remote Signup Extension From Pritzker?

It sounds like an extension could be in the works to continue remote Illinois sports betting registration beyond Saturday. At least one sportsbook operator told LSR on background it expects Gov. J.B. Pritzker to issue an extension to Executive Order 2020-41. If he does not, anyone without a mobile sportsbook account would have to travel […] Read More

Posted on: September 17, 2020 | | Matthew Waters