Everything You Need To Know About Illinois Online Sports Betting
Whether you’re a fan of the Cubs, White Sox, Bears, Blackhawks, Bulls, Fire, Red Stars or Bandits, the Illinois legislature has gone all on giving bettors in the state the opportunity to place online sports bets on the home team — well, the expert ones anyway.
Lawmakers passed SB0690 on June 2, which places Illinois one of the over a dozen states, plus Washington, D.C., to authorize legal US sports betting.
As of this typing, the Illinois online sports betting bill has not yet been signed into law by Gov. J.B. Pritzker (do not worry, he is going to do it), and the Magic 8 Ball is stating”Reply Hazy” as to when the sports wagers might be placed, though officials are optimistic for about the beginning of the NFL season that kicks off Sept. 5.
How Illinois Online Sports Betting Efforts Began
In May 2018, the U.S. Supreme Court overturned the Skilled And Amateur Sports Protection Act due to a challenge from the state of New Jersey which opened doorway to states beyond Nevada to start sports betting in the United States.
In the previous calendar year, either via grandfathered laws or newly approved laws, more than a dozen countries, including Illinois, and Washington, D.C. have implemented or are poised to begin some form of legalized sports gambling. NJ online sports betting is flourishing and online sports betting in PA got from the starter’s blocks in June 2019.
Illini Legislators Ante Up
In the past legislative session, state Rep. Mike Zalewski arrived at the state Capitol with many sports betting proposals determined to take advantage of the perceived economic benefits.
Stakeholders from racetrack and casino holders, to video gaming operators and sports leagues, participated in months of push-me, pull-you discussions.
A fierce point of contention was”bad-actor” speech in a fifth proposal brought by Rep. Robert Rita, that included a proposal by Rivers Des Plaines Casino and its director initially seeking a three-year moratorium of betting participation by online-only operators FanDuel and DraftKings. The dream giants have been accused of continuing to function following a 2015 non-binding attorney general belief that they”clearly constitute gaming.”
The proposed law that arose on June 2 by a two-day special session knocked the penalty down to 18 months, providing casinos an advantage in establishing sportsbooks. The internet sports betting providers can circumvent this by partnering with a casino and using the spouses title, such as Caesars is DraftKings. But this probably isn’t what DraftKings wants because it could not use its own manufacturer.
10 Things You Might Want To Know About Illinois Online Sports Betting
1. When can you wager. At this writing, there is still no firm date when Illinois online sports gambling will start. The approved bill has not yet been signed into law, though Gov. J.B. Pritzker says he’ll do so. Some officials say gambling will begin in time for the NFL season, while some say that is remarkably optimistic. We are going to advise when the picture is clearer.
2. Where can you wager. After permits are approved, casinos, racetracks and kiosks in select sports places will offer betting first, with complete Illinois online sports betting available later. In a planned pilot program through the initial year of sports betting, there will be 2,500 kiosks, similar to people selling lottery scratch-offs, where sponsors may place sports bets. Another 2,500 more are planned in the second year of sport betting. Seven sports venues, (pg. 243) that seat 17,000 or longer, are eligible to open sportsbooks as well. They are: Wrigley Field, Soldier Field, United Center, Guaranteed Rate Field, SeatGeek Stadium, Chicagoland Speedway and World Wide Technology Raceway. Though not implemented yet, Washington, D.C., also, will have live gambling in sports venues. Pennsylvania and New Jersey sports venues allow cellular wagering.
3. You need to be so old to wager. 21 years old… it doesn’t matter how tall you are.
4. No in-state collegiate gambling. When in Illinois, bettors can place wagers on any and all of the professional leagues however preferred community college teams or their in-state alma mater is off limits. The athletic directors of many Division 1 colleges talked with lawmakers earlier this year, creating a case for in-state faculty sports to be exempt from wagering. They mentioned that student athletes could become targets for individuals wanting to get inside advice or wanting to influence players or the outcome. Lawmakers agreed and the collegiate exemption is set up. Thus, Notre Dame YES! Northwestern NO!
5. Mobile betting. The plan is for Illinois mobile gambling to occur soon after sportsbooks are up and running at establishments. For the first 18 months, the wagers will have to be placed on an program or website partnered with a brick-and-mortar operation, where you will need to register before you can bet. (pg. 242).
6. DraftKings and FanDuel prohibition. DraftKings and FanDuel are the seeming immediate losers from the Illinois sports betting legislation having been placed at a proverbial”penalty box.” The online-only fantasy sports behemoths are prevented from entering the betting market for 18 months, providing casinos that a head start in both retail and online. Adding salt to the wound, Rush Street Interactive, a minority owner and manager of Rivers Casino, will be allowed to execute its cellular platform to say bettors since DraftKings and FanDuel need to sit on their thumbs. Rush Street took advantage of a similar venture with New Jersey’s SugarHouse Casino to get a leap on cellular in neighboring Pennsylvania. Not that the two fantasy sports providers are completely from plays, they can partner with an present casino but can’t use their new or”skin.” For example, DraftKings which partners with Caesars could engage under their umbrella.
7. Six brand new casinos. An amendment (pg. 227) to the invoice, brings Chicago its original casino which is privately owned and have about 4,000 seats offered for gambling. Until the Chicago casino opens, it could take three years. The remaining six casinos, with 2,000 seats, will probably be in the suburbs of Danville, Rockford, Waukegan and Williamson County with 1,200 seats (pg. 640). The casino growth could bring an extra $360 million into state coffers from permit and application fees.
8. More gaming growth. The bill also enables existing casinos with less than 1,200 seats to grow to 2,000. Horse racetracks are allowed 1,200 seats. SB690 also permits poker and video slots at Chicago O’Hare International and Chicago Midway International airports, and only be accessible private clubs, not the public.
9. Official information required. Illinois is the second state in the nation, the other being Tennessee, to require official league info (pg. 252) for many in-play and prop bets. The expert leagues will not be paid an integrity fee but will receive earnings for supplying the information.
10. Who will benefit. The inhabitants of Illinois. The taxation rate for sports betting is 15 percent generating roughly $12 billion in revenue during the next six years. A large chunk of this will come from gambling license fees, (pg. 234) $3 million to $20 million based on the type of facility and breadth of its operations and their subsequent renewal. The money will help fund a $45 billion”Rebuild Illinois” strategy for roads, mass transit, bridges, schools and universities and other endeavors. Chicago’s one off share of its new casino earnings will go toward funding police and firefighter pension funds.
Illinois Long Bullish On Betting Rome wasn’t built in a day is the clich??, well is Illinois online sports betting.
The step about the governor’s desk would be just the Most Up-to-date in a rich, or not-so-rich, history of gambling in Illinois:
1800s: Illinois was home to unlicensed riverboats and the riffraff attracted to them.
1920s: Betting on horses has been legal and the height elegance and popularity. In 1921,”Shoeless” Joe Jackson and seven teammates were found not guilty on conspiring to throw the World Series but nevertheless banned from baseball. About precisely the same time, Prohibition and the growth of Al Capone, Charlie Birger and other gangsters profiting from bootlegging and illegal gambling whilst battling”untouchable” Eliot Ness.
1979: The Land of Lincoln legislated a state lottery to benefit education.
1986: Accredited charity gambling was OK’d.
1990s: Riverboat casinos in 1991were necessary to cruise rivers while available then allowed in ???99 to drop anchor with gambling complexes built around them in permanent docks.
2000s: In 2001, Illinois was the first state to sell lottery tickets online. In 2009, the country approved the Video Gaming Act but it took two decades to implement due to court challenges. To most, the payout has not been worth it. The Casinos Act passed muster in 2011, enlarging casinos away from rivers, allowing games offered at pari-mutuel racetracks to include slot machines.
Which brings us to 2019, where lawful Illinois online sports gambling will occur sometime in the fall. Keep this site in mind for all your prospective Indiana online sports betting news and updates!
(Chicago Cubs Photo: Patrick Gorski/USA TODAY Sports)
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