Illinois Gaming Board Renews 7 Retail Sports Betting Licenses
Regulation · 2024-06-06

Illinois Gaming Board Renews 7 Retail Sports Betting Licenses

Illinois Gaming Board Administrator Marcus Fruchter renewed seven sports betting licenses for retail sportsbooks Thursday, the first such renewals since in the state since operators began taking wagers in March 2020.

Fruchter, using the expanded powers delegated to him following the COVID-19 pandemic and since renewed on an annual basis, granted four-year license renewals through June 2028 to the following casinos: Argosy Casino Alton, DraftKings at Casino Queen in East St. Louis, Grand Victoria Casino in Elgin, Hollywood Casino Aurora, Hollywood Casino Joliet, Rivers Casino in Des Plaines, and Par-A-Dice Hotel Casino in East Peoria.

Retail sports betting has generated $1.12 billion in total handle in Illinois, including $105 million through the first three months of 2024. Operators have attained a collective 8.9% hold in 46 months of accepting wagers and claimed $99.5 million in adjusted gross sports betting revenue.

Illinois has 15 overall retail sports betting locations, with the DraftKings at Wrigley Field the most recent venue to open in March. In addition to 11 casino-based retail sportsbooks, three are located at off-track betting locations licensed to Hawthorne Race Course as permitted in the gaming expansion bill signed into law by Illinois Gov. JB Pritzker in June 2019 that legalized sports betting.

During his commentary period, Fruchter pointed out the Illinois General Assembly adjourned for the summer without a bill that crated an extension to allow retail sportsbooks to allow Tier 1 wagers for games involving Illinois-based schools. As a result, the pre-game moneyline, point spread, and total wagers for such contests will be illegal as of July 1. The earliest such bets could be reinstalled would be via amendment during the veto session in the fall.

The wagers had been allowed for two-plus years, with the 2023 Iegislature passing it as part of an amendment written by Rep. Bob Rita attached to Senate Bill 0089. Tier 1 wagering for Illinois schools was originally passed during the 2021 veto session via HB 3136, which had an original sunset date of July 1, 2023, and was extended before last year’s General Assembly adjourned.

Former Rep. Jonathan Carroll introduced a bill in April 2023 that would have extended Tier 1 wagering to sports betting apps, but no one took up HB 4041 following his resignation from the lower chamber in January.

Tier 1 retail wagering on college sports — the Illinois Gaming Board does not break out sport-specific wagering by professional and college sports — totaled $25 million through the first three months of 2024, up 20.4% from the same period last year and was boosted by Illinois advancing to the NCAA Tournament regional final before losing to eventual champion Connecticut.

The 155,348 Tier 1 retail wagers on college sports from January through March was up 15.7% compared to 2023.

热门文章
越南博彩管控逐步放宽,惟本土需求仍显乏力
东南亚资讯
JILI 宣布与全球板球传奇 AB de Villiers(ABD)达成重磅战略合作
体育游戏
巴西拟将博彩税率提高至24% 税收将用于社保和医疗领域
游戏风向
准备好了将你的收益最大化吗?尝试ProPush.me Constructor!
广告营销
越南在线博彩业政策收紧 催生市场新机遇
东南亚资讯
斯里兰卡博弈产业大转型,官方:剑指南亚拉斯维加斯
游戏风向
哈萨克斯坦计划对在线赌场促销活动进行处罚
游戏风向
GGC Awards 2026 璀璨科伦坡:致敬 iGaming 行业的领航者与创新力量
灰度头条
灰度世界杯嘉年华狂欢派对吉隆坡站即将开启,业务拓展人脉社交从马来西亚开始
灰度头条
密西西比州众议院委员会推进提议增加赌场税的法案
游戏风向
BETFAIR 网络攻击80万用户资料泄露
游戏风向
英国确认各垂直行业的赌博税税率
游戏风向
新泽西州7月博彩收入创6.06亿美元新高,颁布禁令
游戏风向
PropellerAds 分享了新的 iGaming 案例研究:在 3 个月实现 97,674 次安装和 12,701 笔存款
广告营销
亚洲游戏市场观察:15大市场热门游戏与用户趋势
线上游戏
首页
游戏
合作
发现
我的