Illinois to consider online gambling

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largest.org

Top 5 States With the Largest Markets in Online Gaming

The online gaming sector is centered in the United States, which presents a heterogeneous market environment across many states. Every state contributes to the national gaming scene, but some areas stand out as leaders because of their sizable markets, modern technologies, and supportive laws for online gambling and gaming. The online gaming sector…

Industry ・ 11 April 2024

M Live

The Best Online Casinos In Illinois: Best Casino Sites For 2024

Does Illinois allow real money online gambling? Yes, but only for sports betting. Online casinos are not legal in Illinois, though they could be authorized in the future. For now, only sweepstakes and social casinos are available in Illinois. When will Illinois allow real money online casinos? It's hard to say exactly when Illinois will legalize…

Gambling Sites ・ 22 February 2024

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US casino gambling markets see record $60B year in 2022

ATLANTIC CITY, N.J. -- Commercial casinos in the United States won more than $60 billion from gamblers in 2022, the best year in the industry's history. Figures released Wednesday by the American Gaming Association, the gambling industry's national trade group, show that in-person gambling remains the bread-and-butter of the industry, accounting…

Industry ・ 27 February 2023

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US casinos top $60B in revenue in 2022, their best year ever

ATLANTIC CITY, N.J. (AP) - Commercial casinos in the United States won more than $60 billion from gamblers in 2022, the best year in the industry's history. Figures released Wednesday by the American Gaming Association, the gambling industry's national trade group, show that in-person gambling remains the bread-and-butter of the industry,…

Industry ・ 21 February 2023

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Chicago Tribune

US casinos top $60 billion in revenue in 2022, with Chicago the 4th largest market

Commercial casinos in the United States won more than $60 billion from gamblers in 2022, the best year in the industry's history. Figures released Wednesday by the American Gaming Association, the gambling industry's national trade group, show that in-person gambling remains the bread-and-butter of the industry, accounting for more than 80% of its…

Industry ・ 11 March 2023

Advantage News

As federal pandemic funds dry up, states turning to online gambling for tax revenue

A new report shows that Illinois is one of several states poised to allow online gaming to offset pandemic relief funding losses. A report by Bonus.com said states have bills to pay and with federal funds drying up, they may look to alternative revenue sources instead of raising taxes on their residents. Illinois already allows online sports…

Finance ・ 06 January 2023

Gambling News

Illinois May Consider Online Gambling, Says New Report

Image Source: Shutterstock.com Unlike brick-and-mortar gambling, where visitors need to drive up to a specific location, online activities are much easier to access. Convenience: this is one of the prime reasons why online and mobile sports betting has been gaining traction across more states and why online gambling activities may have a similar…

Law ・ 06 January 2023

daily-journal.com

Ill. to consider online gambling

SPRINGFIELD - Illinois is one of several states poised to allow online casino-style gaming to help offset pandemic relief funding losses, a new report indicates. A report by Bonus.com said states have bills to pay and with federal funds drying up, they may look to alternative revenue sources instead of raising taxes on their residents. Illinois…

Sports ・ 05 January 2023

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Illinois

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News Bug

Illinois to consider online casino gambling for tax revenue source

Finance ・ 05 January 2023

The Center Square

New Jersey’s online casino market growing

Industry ・ 30 November 2022

Advantage News

Industry analyst believes Illinois may soon allow internet gambling

With marijuana and sports betting helping to fill Illinois' coffers with tax money, some say online gambling isn't far off. Only six states allow casino gambling online: Michigan, New Jersey, Pennsylvania, West Virginia, Delaware and Connecticut. But at a recent East Coast Gaming conference, panelists named Illinois as one of the additional states…

Industry ・ 04 October 2022

Top US Casinos

States Leaving Tax Revenue on the Table By Not Legalizing iGaming, Report Says

State and local governments are losing out on more than an additional $5 billion a year in tax revenues by not legalizing, regulating and taxing internet casino gambling, according to a recent report issued by gaming company Light & Wonder, previously known as Scientific Games. The report was prepared by VIXIO Gambling Compliance, a provider of…

Finance ・ 12 August 2022

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US gaming industry posts second best-ever month in April at almost $5B despite macroeconomic headwinds

The commercial US gaming industry saw its best month of April ever and the second highest-grossing month of all time in April 2022, according to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker. The month was only behind March 2022 for best-ever, meaning momentum in US gaming is still ongoing. During the month, the industry…

Industry ・ 10 June 2022

The Street

Las Vegas Casino Player Wants to Expand the Betting Tent

Business is all about growth and business for the sports gambling industry has been good. Sports betting accounts for between 30% and 40% of the worldwide gambling market, producing a yield (the money casinos receive from bettors minus the payout) higher than $400 billion in 2021, according to Statista. In June 2018, sports gamblers wagers $310…

Land-based ・ 16 March 2022

Online Poker Report

Where To Watch For 2022 Online Casino Expansion In North America

For optimism about the coming year, look to TikTok, Taylor Swift, and the online gambling industry. All three are "feeling 2022." The former relate to the #ImFeeling2022 hashtag and Swift urging listeners to "forget about the heartbreaks" while wishing her cat a happy 22nd birthday. The latter bases its optimism on continued success in the new…

Sports ・ 29 December 2021