Illinois

Accel Entertainment to Transform FanDuel’s Collinsville Venue with New Casino

Johnny K.
U.S.A., Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, North America Casino News, Gaming Industry News, Horse Racing, Mergers, Acquisitions & Partnerships, Illinois
Accel Entertainment has announced a major strategic acquisition, purchasing the FanDuel Sportsbook and Horse Racing venue in Collinsville, Illinois for approximately 35 million dollars in stock. This acquisitio...

Illinois Sportsbooks Generate $92M in April, Poised to Overtake New Jersey in National Rankings

Johnny K.
NBA, MLS, Casino News, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, MLB, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting, Illinois, Taxes, Financial Press Releases
Illinois sportsbooks amassed nearly $92 million in adjusted gross sports betting revenue for April 2024, according to data released by the Illinois Gaming Board on Thursday. This month saw the state's betting h...

Hard Rock Casino to Smash into Rockford Scene with Grand Opening Extravaganza

Vanja Mitic
Tribal Gaming, Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, North America Casino News, Casino openings, Casino project updates, Gaming Industry News, Illinois
Rockford, Illinois is about to witness a grand spectacle as the Hard Rock Casino prepares to unveil its permanent location with a bang. Scheduled for August 29th, the grand opening ceremony promises to be an el...

FanDuel and DraftKings Grapple with Illinois Sports Wagering Tax Hike as Governor Pritzker Defends Revenue Boost

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Sports betting, Taxation, Illinois
Illinois' online sports betting landscape faces upheaval as major players like FanDuel and DraftKings confront the repercussions of a significant tax increase. Governor J.B. Pritzker defends the move, asserting...

DraftKings and Flutter Stocks Dip After Illinois Budget Agreement Introduces Tax Hike on Sports Betting

Johnny K.
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Online Gambling News, Sports betting, Taxation, Illinois, Taxes
Shares of major sports betting companies, including DraftKings and Flutter, experienced significant declines following the approval of a substantial tax increase on sports bets in Illinois. The state's fiscal 2...

Illinois Senate Adopts Progressive Tax Plan for Sports Betting, Offers Relief for Operators; House Vote Next

Johnny K.
Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, North America Casino News, Gaming Industry News, Mobile gaming, Economy/Finance, Horse Racing, Sports betting, Online Gambling News, Taxation, Illinois, Taxes
In a significant legislative move, the Illinois Senate passed a bill late Sunday night that aims to transform the state's sports betting tax structure into a progressive system based on operator revenue. The ch...

CFG Challenges Sports Betting Alliance’s Opposition to Illinois Sports Betting Tax Hike, Urges Evidence-Based Policy Decisions

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Online Gambling News, Taxation, Sports betting, Illinois, Taxes
As gambling initiatives unfold across the U.S., the Campaign for Fairer Gambling (CFG) closely scrutinizes developments, particularly in Illinois. Governor J.B. Pritzker's proposal to raise the tax on legal spo...

Bally’s Chicago Reports 12.7% Revenue Growth in March 2024 as Bally’s Corp. Mulls Takeover Bid

Marija Malenovic
Casino Sales, U.S.A., Casino News, Latest Casino and Gambling News, New Hotels, World Casino News, North America Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Taxation, Illinois, Taxes, Financial Press Releases, Rhode Island
Following a takeover bid by its biggest shareholder, an $800m financing gap for the construction of a planned Chicago casino, a project worth $1.7bln, and a credit downgrade by the rating agencies, business flo...

Bally’s Chicago Generates Record $1 Million in Tax Revenue in February 2024; Visits to Illinois Casinos Exceeded 1Million Count

Radosav Milutinovic
Latest Casino and Gambling News, U.S.A., Casino project updates, Gaming Industry News, Economy/Finance, Licensed online casinos in USA, Taxation, Online Gambling News, Illinois, Financial Press Releases
Gaming and entertainment giant Bally’s Chicago has set a $1 million record in tax revenues in February 2024 for the very first time. The exceptional contribution to the local community reportedly resulted from ...

Bally’s Temporary Casino in Chicago Surpasses $10 Million in Gross Gaming Revenue in January

Vanja Mitic
Latest Casino and Gambling News, Casino Destinations, Casino News, New Hotels, Gaming Industry News, Economy/Finance, Casino moguls, Illinois, Financial Press Releases
Bally’s began the new year with fantastic results, especially when it came to the company’s temporary casino in Chicago.  Fantastic results in the new year: The casino, which is located at the Medinah Tem...

Bally’s Chicago Hotel Tower Development to be Relocated due to Interference with Municipal Water Pipelines

Radosav Milutinovic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., Casino proposals, World Casino News, Gaming Industry News, Casino project updates, Licensed online casinos in USA, Online Gambling News, Illinois, Rhode Island
Bally’s, one of the leading casino corporations, will have to revise the design for its permanent Chicago casino and entertainment complex several months before the company breaks ground for the development sch...