Illinois has become the 15th state to legalized sports betting. Anyone who’s at least 21 years old, possesses a valid United States valid Social Security Number, and has signed up at Draft Kings in Casino Queen in East Saint Louis or online if otherwise legally permitted, is permitted to wager on any type of professional sports event. The law goes into effect on July 1st of each year. Anyone can participate.
The Illinois House has already voted to approve House Bill 787. The House vote to pass the bill was relatively quick. Governor Mike Quinn immediately called the House vote as a positive sign for sports betting in Illinois. The House vote means that only one more step is needed to complete the legislative process. Governor Quinn said he looked forward to signing the bill into law. The measure now moves to the Senate.
Illinois will join the growing number of states legalizing sports betting. The new law allows Illinois residents to place bets on professional high school and college games, but not on minors’ games. Also, the new law requires all football games held at public venues to be played in a suitable venue and end by the end of halftime. In other words, the new Illinois sports betting regulations take effect in March 2020.
Illinois is the twenty-third state to launch an official sports betting program. A private sportsbook launched in October of last year. The Illinois Department of Revenue is the administrator for the Illinois Sports Betting Regulations. Illinois was the seventh state to launch an official sports betting program.
Sports betting options in Illinois include sports betting apps. Illinois is home to many established online sportsbooks such as Microgaming, Playburner, Full tilt, Sportsbook, Superbet, Betfair, Bad Pool and Playfair. Illinois has taken a proactive approach to ensure consumers can legally participate in online sports betting. Both licensed sportsbooks and mobile app services have been regulated through the Illinois Department of Financial Services.
Illinois is home to a large number of collegiate athletic events. Many colleges in Illinois offer online gambling and betting options. This new regulation is aimed at protecting the integrity of the college athletic tournament. Numerous colleges have introduced their own proprietary mobile apps in order to expand their fan base and attract more revenue from in-house alleys and parking lots. The introduction of a sportsbook website allows fans to make betting transactions with ease from anywhere they are.
According to Illinois House Representative Ron Burton (D-Chicago), the new bill would eliminate the “use of an illegal corporation to conduct gaming and protect against the exorbitant attorney’s fees that accompany wrongful gaming.” The “exorbitant attorney’s fees” referred to refer to exorbitant charges for reviewing documents and depositions. The Illinois House will be considering the second reading of the bill at the earliest possible date. If the bill passes, Illinois would join several other states that have already legalized sports betting through smartphones. The idea of mobile betting in Illinois is part of the larger nationwide movement to legalize sports betting throughout the United States.
Illinois is home to millions of residents. The sports betting industry is a multi-billion dollar business. Illinois residents may have an interest in being able to take advantage of the legal opportunities afforded to them through the use of portable electronic devices. Illinois residents may also be interested in the opportunity to enjoy sports betting even when they are on the go. The introduction of sports betting apps on mobile devices opens up the opportunity for Illinois residents to take part in the world of sports betting from any location that they choose.