Tag Archives: Illinois
US – Illinois sportsbooks hit $400m in August
Illinois sportsbooks began to emerge from a summer slowdown in August with an 8.5 per cent gain in betting volume from July, the first month-over-month gain in wagering since March. The boost to more than $400m in wagering was welcome ahead of a critical time of year for the industry. “Interest in baseball, particularly the…
US – Illinois sports betting falls again in July
The volume of sports betting in Illinois further slowed in July, slumping to the lowest level in the state since September 2020 with $369m in online and retail wagering. July typically marks the end of the seasonal slowdown that affects every major US sports betting market, but in-person registration requirements in Illinois could dampen the…
US – Chicago forced into extending deadline for casino applications
Mayor Lori E. Lightfoot confirmed that the City of Chicago has extended the deadline to respond to the casino Request for Proposal (RFP) to Friday, October 29. This extension gives potential bidders more time to fully assess the Chicago casino opportunity; conduct additional due diligence; assemble more competitive bid packages; and explore financing opportunities. “This…
US – Illinois sports betting volume falls in June but still quickest to $5bn
Sports betting in Illinois slowed in June to below $500m for the first time since December 2020 while revenue once again surged, as the effects of summer’s sports calendar and in-person registration requirements continued to be felt. Even as the Prairie State remains in line with trends seen in most major US markets, Illinois managed…
US – Illinois sports betting dips in May but state remains nation’s no. 2
Betting volume at Illinois sportsbooks hit $507m in May, overcoming in-person registration requirements to fall only slightly from April. May’s handle was the second-largest of any state in the U.S., joining New Jersey as the only two states in the U.S. to take in more than $500 million in sports wagers in both April and…
US – Bally’s completes purchase of Jumer’s Casino from Delaware North
Bally’s Corporation has completed the previously announced acquisition of Jumer’s Casino & Hotel from Delaware North Companies Gaming & Entertainment for $120m, which the company funded using available borrowings under its revolving credit facility. George Papanier, President and Chief Executive Officer of Bally’s Corporation, said: “As the latest step in our ongoing portfolio diversification strategy,…
US – Illinois governor signs legislation expanding casino workers’ rights protections
Building on efforts to expand worker’s rights protections and economic opportunity for communities across Illinois, Governor JB Pritzker has signed legislation requiring casino applicants to enter a project labor agreement when seeking a new or renewed casino license. “Expanding access to economic opportunity through high quality jobs has been priority since day one for this…
US – Seasonal slowdown sees sports betting slow in Illinois
Illinois became the nation’s No. 2 sports betting market despite suffering the steepest month-over-month decline in sports betting volume in the young market’s history, joining New Jersey as the only states with an April handle of more than $500m. The decline in wagering was in line with a typical seasonal slowdown in sports betting that…
US – Horsemen’s Association wants Churchill Downs investigated for preventing gaming at Arlington Park
The Illinois Thoroughbred Horsemen’s Association has urged the Illinois attorney general’s office to investigate whether Churchill Downs committed state or federal antitrust violations when it took a series of steps to preclude casino gaming and diminish pari-mutuel wagering at a site in close proximity to its Rivers Casino in Des Plaines, Ill. The ITHA stipulated…
