Illinois classifies Kalshi and other prediction markets as unlicensed sports wagering operators offering the same bets as sportsbooks like DraftKings and FanDuel, but without paying taxes or adhering to reporting standards. #capitolnewsillinois #kalshi #sportsbet
In a statement, Bally’s Corporation Senior Vice President for Corporate Development Christopher Jewett said the expansion of video gambling terminals represents a significant threat to the city’s long-term financial interests and violates commitments made under the company’s host community agreement with Chicago. #bally's #council #expansion
Under the approval, Bally’s Chicago Operating Company will be permitted to continue operating its temporary casino location for an additional 12 months, extending operations from Sept. 6, 2026, through Sept. 9, 2027. #casino #illinoisgamingboard
The Sports Betting Alliance (SBA), a national trade group representing major online operators, attributed the decline to rising tax burdens and increased competition from neighboring states. #betting #sports
Industry groups and some lawmakers have warned that local taxes layered on top of state levies could drive bettors to illegal markets. #betting #illinoishousegaming #regulation
As of Dec. 8, the board reported that total tax revenue generated in 2025 from casino gambling, sports wagering and video gaming reached nearly $1.76 billion. #casino #igb
September also marks Responsible Gaming Education Month, a national initiative to raise awareness about healthy gambling practices. Fruchter emphasized that responsible gaming requires year-round focus, noting strategies such as setting time and money limits, only wagering what one can afford to lose, and seeking help when needed. #gaming
Gaming Board Announces Enhanced, Uniformed Advertising Rules for Casinos, Video Gaming and Sports Wagering (Chicago, IL) - The Illinois Gaming Board (IGB) adopted new...
The IGB approved the Organizational Gaming License for the racino, Fairmount Park, Inc. d/b/a Fairmount Park Casino and Racing in Collinsville. #licenses