Illinois moves Betway toward online sportsbook license
Betway is the only if sportsbook in the running for ane of tierce useable online-only operating licenses inward Illinois, regulators announced Thursday.
There are already 7 online sportsbooks in Illinois, including securities industry leaders DraftKings and FanDuel. The online-only license would take into account Betway to run inwards the body politic without partnering with ane of the state’s brick-and-mortar racetracks or casinos.
The Land of Lincoln Gaming Board testament go with a retrospect of Betway’s licence coating after its parent company was the only applicant to make out a competitory bidding cognitive operation for the ternion useable licenses.
This is the indorse time IL regulators experience sought-after(a) to dish out the trey licenses, which come in with a $20 1000000 toll ticket for operators. An initial summons cognitive operation launched in August 2021 initially drew trey bids, but 2 at long last withdrew from the operation and a thirdly was disqualified.
Taking Another Shot
Betway was reportedly among the companies that withdrew from considerateness the shoemaker's last clip around without explanation. It is unclear what caused the society to modification its mind this time. A petition for comment was non straight off returned by Betway parent Super Group was not right away returned Thursday.
The gaming plank restarted its summons process inwards November of last year after the only if remaining bidder at the clip withdrew from consideration.
Applications were recognized until Mar of this year, and 2 companies initially submitted bids. The other bidder, who was non identified, withdrew from consideration before this month, leaving only when Betway in consideration. The covering was filed by DGC IL LLC, which is affiliated inwards collective records with Digital Gaming Corp., a recent acquisition of Super Group.
If its diligence is approved, Prairie State would follow the ninth body politic where Betway operates. The companionship offers sports wagering inward Arizona, Colorado, Indiana, Iowa, Ohio River and Virginia, as substantially as both online casino and sportsbook offerings inwards PA and New Jersey.
Illinois is unity of the largest sports betting markets inwards the U.S.
In May of this year, the most recent month for which data is available, Sportsbooks inward the body politic took in nearly $822 billion inwards bets, 97% of which were placed online, according to information collected past the gaming board.
Hard John Rock License Approved
Also at Thursday’s meeting, the Illinois Gaming Board sanctioned an initial master copy sports wagering permission for 815 Entertainment, LLC, doing concern as Hard Rock Casino Rockford. The run clears the way for a new sportsbook at the property.
Seminole Hard Rock Digital LLC was approved for an initial management services provider licence at Thursday’s board meeting.
The Hard John Rock has been operating as a temporary casino for nearly II years and is inwards the operation of constructing a larger, lasting facility to unresolved next year.
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