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Illinois sports betting

New Illinois Sports Betting Option Cleared 16 Months After Applying

The Illinois sports betting market soon will have a seventh online sportsbook. The Illinois Gaming Board approved BetMGM Sportsbook for a sports betting license Thursday. BetMGM applied for the IL sports betting license way back in September 2020. BetMGM gained market access through Boyd Gaming’s Par-A-Dice Casino in East Peoria, a tethering option that opened when FanDuel […] Read More
Posted on: January 27, 2022 | Regulation Sports Betting | Pat Evans
Illinois sports betting

Illinois Sports Betting Sets New Revenue Record Despite Handle Dip

While Illinois sports betting did not hit a new handle record in November, the state’s sportsbooks shattered the revenue record. Illinois sports betting generated $78.2 million in revenue during November 2021, according to an Illinois Gaming Board report. That came from $779.8 million in bets during the month, with sportsbooks holding approximately 10%. The handle […] Read More
Posted on: January 11, 2022 | Sports Betting | Pat Evans
Illinois sports betting

Illinois Sports Betting Approved For Chicago Stadium Sportsbooks

Illinois sports betting now can be offered via retail sportsbooks at stadiums in Chicago. On Wednesday, the Chicago City Council approved an ordinance lifting a ban on stadium sportsbooks. The approval came without debate, despite several months of back-and-forth discussions on the topic. Stadium sportsbooks are allowed under Illinois sports betting law, but it took […] Read More
Posted on: December 16, 2021 | Regulation Sports Betting | Pat Evans
Illinois sports betting numbers

Illinois Sportsbooks Explode For New Records In October: $840 Million In Bets

Illinois sportsbooks were not an exception to the rule and set new monthly records in October like those in most other US jurisdictions. Sports betting handle hit $840.4 million for October, up pretty significantly over three key periods: Up 93.4% from last October’s $434.6 million. Up 40.9% from September‘s $596.5 million. Up 32.6% from the […] Read More
Posted on: December 9, 2021 | Sports Betting | Matthew Waters
Illinois sports betting

Illinois Sports Betting Pushes September Past $5B In Handle

Sports betting in Illinois roared back to life in September after a slower summer and pushed US handle past $5 billion for the month. Illinois sportsbooks reported $596.5 million in handle, good for their second-best month after this March’s $633.6 million. Sports betting revenue hit $44.6 million for a 7.5% hold. Operators paid $6.5 million […] Read More
Posted on: November 9, 2021 | Sports Betting | Matthew Waters
Illinois sports betting

Illinois Sports Betting In-Person Registration Rule Gets Partial Fix

Illinois sports betting has a definitive date for the expiration of in-person registration. It still will not be anytime soon though. The Illinois General Assembly concurred on amendments to HB 3136 Thursday night, which sets March 5, 2022, as the date in-person registration will be removed. That restriction would also expire should the Illinois Gaming Board award […] Read More
Posted on: October 28, 2021 | Regulation Sports Betting | Pat Evans
Illinois sports betting

Illinois Sports Betting Steams Toward End Of Archaic Signup Rule

Baseball continued to drive Illinois sports betting in August as football warmed up. Illinois sportsbooks took $400.4 million in bets, according to an Illinois Gaming Board report. As with most US sports betting markets, that was a significant jump from the slow month of July, in which IL sports betting handled $369.1 million. August marked […] Read More
Posted on: October 13, 2021 | Sports Betting | Pat Evans
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