Illinois

Accel Entertainment Acquires FanDuel Sportsbook and Horse Racing, Plans Casino by 2025

Vanja Mitic
Gaming Law & Legislation, U.S.A., Casino Destinations, Latest Casino and Gambling News, Casino News, North America Casino News, Casino openings, World Casino News, Gaming Industry News, Casino project updates, Mergers, Acquisitions & Partnerships, Illinois
In a significant development for Illinois' horse racing and gaming industry, the Illinois Racing Board has approved Accel Entertainment's acquisition of FanDuel Sportsbook and Horse Racing, formerly known as Fa...

Rockford’s Hard Rock Casino Sets Aug. 29 Date for Grand Launch; Temp Location to Close Aug. 12

Vanja Mitic
Tribal Gaming, Latest Casino and Gambling News, Casino Destinations, Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, Illinois
Rockford's journey towards a vibrant entertainment future is reaching a milestone with the impending transition from the Rockford Casino: A Hard Rock Opening Act in northern Illinois to its permanent location a...

DraftKings Implements Surcharge in Response to High State Taxes

Johnny K.
Vermont, Latest Casino and Gambling News, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Sports betting, Online Gambling News, Taxation, Illinois, Taxes, New York, Pennsylvania
In a bold move reflective of the changing fiscal landscape in the United States, DraftKings Inc. has announced plans to implement a surcharge for customers in states with high gambling taxes. This decision come...

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

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

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

Johnny K.
NBA, MLS, U.S.A., Casino News, Latest Casino and Gambling News, North America Casino News, MLB, World Casino News, 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, Latest Casino and Gambling News, Casino Destinations, Casino News, North America Casino News, Casino openings, New Hotels, Gaming Industry News, Casino project updates, 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
Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, North America Casino News, 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.
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., World Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Mobile gaming, 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, Economy/Finance, Mobile gaming, 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, Sports betting, Online Gambling News, Taxation, 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...