It’s time to end the offshore, illicit market for sports betting and iGaming, and create consumer-protected and transparent online markets in all 50 states.
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What’s the state of play in your state?
STATE OF PLAY: SPORTS BETTING
Legal and regulated online sports betting offers a safe alternative to the illicit offshore marketplace, which continues to flourish in states that haven’t yet legalized online sports betting.
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Chicago fans are now confronting the possibility of a second tax on wagers made in city limits
If sports gamblers leave these sites and use the black market, it would undermine the Illinois' revenue goals
One aspect that should not go overlooked is the impact of North Carolina’s online sports betting legalization, leaders said. It’s not hard to see why
Make no mistake, this discriminatory tax increase on legal sportsbooks will be destabilizing for regulated sports betting in Illinois
STATE OF PLAY: iGAMING
With only a handful of states where iGaming is legal, the vast majority of consumers are betting on unregulated, offshore platforms that provide no verified protections and dodge billions in potential gaming taxes that states could use to fund important community priorities.
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The benefits of a regulated marketplace are clear. Regulated iGaming platforms are required to block access for customers below the legal gaming age and use state-of-the-art technology to verify each player’s identity
A well-regulated iGaming market in Illinois will shift players from unsafe, unregulated platforms to trusted, secure sites, ensuring fair play and protecting their financial security. With over $750 million in potential revenue, Illinois can fund vital services, invest in infrastructure and create jobs
The economic impact of BetMGM in Jersey City goes far beyond employees, Exchange Place or tax revenue for the city and state
Proponents estimate the state would rake in $450 million in new tax revenue within a year of allowing Illinoisans to play casino games on their mobile devices, eventually generating up to $800 million a year