- Joined
- Jan 14, 2008
- Messages
- 63,294
SOURCE
The Illinois Gaming Board (IGB) expects to make Sports Betting applications for casinos, horse racetracks, and professional sports arenas and fields available later this month. But the regulatory agency hasn’t set a firm timeline for when the first bet will be placed in the Prairie State.
Since the state signed off on Sports Betting in mid-2019, expectations, attainable or not, are in place that it will be operational sometime next year. Various studies suggest it would benefit cash-strapped Illinois to move quickly on launching Sports Betting, because the state could rapidly become one of the largest players in the country.
By 2023, the annual handle in Illinois could range from $2.8 billion to $5.2 billion, according to Global Market Advisors.
At the high end of that range, the Prairie State would likely only trail Nevada in terms of yearly handle.
The Illinois Gaming Board (IGB) expects to make Sports Betting applications for casinos, horse racetracks, and professional sports arenas and fields available later this month. But the regulatory agency hasn’t set a firm timeline for when the first bet will be placed in the Prairie State.
Since the state signed off on Sports Betting in mid-2019, expectations, attainable or not, are in place that it will be operational sometime next year. Various studies suggest it would benefit cash-strapped Illinois to move quickly on launching Sports Betting, because the state could rapidly become one of the largest players in the country.
By 2023, the annual handle in Illinois could range from $2.8 billion to $5.2 billion, according to Global Market Advisors.
At the high end of that range, the Prairie State would likely only trail Nevada in terms of yearly handle.
