Illinois

FanDuel to Introduce Per-Bet Fee in Illinois Following New State Tax

Flutter Entertainment, the parent company of FanDuel, has announced a new transaction fee that will impact sports bettors in Illinois later this year. Beginning September 1, 2025, customers placing bets on FanD...

Illinois Sports Betting Tax Hike Triggers Market Drop and Industry Outcry

The online sports betting industry took a significant hit this week after Illinois lawmakers unexpectedly approved a budget that includes a steep new tax on individual wagers, sending shockwaves through Wall St...

Illinois Budget Passes with Significant Sports Betting Tax Hike

In a late-night vote just minutes before the constitutional deadline, Illinois lawmakers passed a $55.2 billion state budget that introduces sweeping changes to the taxation of sports wagering. The new fiscal p...

Bally’s Broadens Chicago Casino IPO While Upholding Minority Equity Goals

Bally’s Corporation has formally revised the terms of its initial public offering for its upcoming $1.7 billion Chicago casino, expanding access to a broader array of investors while still aiming to meet a key ...

Wind Creek Chicago Southland Unveils New Hotel and Spa Experience

Wind Creek Chicago Southland Casino & Resort is set to debut the final piece of its full-service resort vision this Friday, April 11, 2025, when it opens the doors to its brand-new luxury hotel and spa. The...

Fairmount Park Ushers in a New Era with Illinois’ First Racino

Fairmount Park, a storied racetrack in the Metro East area of St. Louis is set to revolutionize the Illinois gaming and racing industry by introducing a new casino complex, marking its transformation into the s...

Kalshi Under Increasing Legal Scrutiny for Sports Prediction Markets

The regulatory storm surrounding prediction market operator Kalshi continues to intensify, with a growing number of states scrutinizing its operations. The Connecticut Department of Consumer Protection (DCP) ha...

Chicago’s Bally’s Casino Faces Financial Hurdles Amid Market Saturation

In recent developments that highlight the intricate dynamics of the gaming industry in Chicago, Bally’s Corporation is encountering significant financial hurdles as it progresses with its ambitious $1.7 billion...