In the spring of 2019, the Illinois state legislature passed a bill that permitted Illinois sports wagering at riverboat casinos, horse racetracks, and select sports centers. Online sports wagering shown up in June 2020 with the launch of the BetRivers sportsbook.
This timeline supplies a picture of Illinois' sports betting history:
March 13, 2026: Illinois wagerers placed 28.9 million bets in January, below 36 million throughout the same month in 2025.
March 6, 2026: An Illinois lawmaker wants to require prediction market platforms to be licensed and pay state taxes to the tune of 50% of their adjusted gross earnings.
Feb. 6, 2026: An Illinois legislator wishes to reverse a per-wager tax on online sports wagering operators less than 8 months after the Prairie State set up the law.
Jan. 16, 2026: Sports betting reached an all-time high in Illinois for the 2nd consecutive month with online and retail sportsbooks creating a handle of $1.66 billion, a brand-new record.
Jan. 12, 2026: The Sports Betting Alliance (SBA) attributes a 2nd consecutive 15% year-over-year drop in Illinois sports betting to the Prairie State's 25 cent per-wager tax, with 6.4 million fewer bets placed.
Dec. 31, 2025: The Sports Betting Alliance (SBA) confirmed that it filed a claim in Cook County and an ask for a momentary limiting order against the city's brand-new licensing requirements.
Dec. 23, 2025: Illinoisans set a new state sports betting record with $1.6 billion in wagers throughout October, surpassing the previous deal with high of $1.53 billion set in November 2024.
Dec. 23, 2025: The NHL's Chicago Blackhawks are the very first U.S.-based significant professional sports franchise to partner with a prediction market platform, revealing a pact with Kalshi.
Dec. 22, 2025: Gilbert Villegas, a Chicago city council member, tells the Chicago Tribune that the boost of sports betting taxes earlier this year in Illinois has already caused the decline of sports wagers.
Nov. 17, 2025: The Sports Betting Alliance (SBA) claims Illinois' per-wager tax caused a 15% year-over-year drop in September online betting in the Prairie State with 5 million less wagers put.
Nov. 17, 2025: Sports betting was up 9% year-over-year in Illinois throughout September, however revenue in the first full month of football dropped off considerably.
Oct. 21, 2025: Chicago wishes to include its own new tax on Illinois sports betting, a relocation that specify legislators are working to avoid.
Oct. 17, 2025: The sports betting industry faces a danger of yet another Illinois tax walking with Chicago Mayor Brandon Johnson presenting his 2026 budget proposal to the City Council, including a brand-new "Online Sports Wagering Tax."
Oct. 16, 2025: Illinois sportsbooks created over $100 million in earnings for the eighth time in the last 12 months, taking 82% more revenue in August than in the exact same month in 2024.
Sept. 24, 2025: The Sports Betting Alliance is sounding the alarm over a proposed per-bet tax in Chicago, which would be in addition to the one imposed by Illinois legislators in July.
Sept. 24, 2025: Despite a low-volume month with primarily MLB to carry wagering, the Illinois Gaming Board reported an $862.5 million deal with in July, putting the marketplace 2nd nationally behind only New york city.
Sept. 10, 2025: Following Illinois becoming the first state to carry out a per-bet tax, a ranking of Illinois' sportsbooks by fees, minimums from the majority of to least tolerable by Covers' Ryan Butler.
Sept. 2, 2025: All 10 sports betting operators have actually officially reacted to the per-wager fee used by Illinois legislators this summer, with bet365 the last operator to take action.
Aug. 26, 2025: Caesars Sportsbook will be the current sportsbook to start charging a $0.25 fee on each online wager in Illinois, starting Sept. 1.
Aug. 20, 2025: PENN's Chicagoland retail homes and ESPN BET have become main partners of the Chicago Bears.
Aug. 19, 2025: Illinois' sports wagering operators produced their greatest win rate ever, leading to 33% year-over-year revenue growth in June.
Aug. 14, 2025: ESPN BET raises its minimum wager in Illinois to $1 (from $0.10).
Aug. 4, 2025: The Illinois Gaming Board reveals boosted and uniform marketing guidelines for three facets of gambling: casinos, video gaming, and sports betting.
July 31, 2025: Licensed online sportsbooks in Illinois are reacting to the brand-new per-bet tax and what it might cost wagerers.
July 17, 2025: Illinois' eighth consecutive $1 billion month-to-month manage propelled the state into an elite club, signing up with New York and New Jersey as the only three U.S. states to reach $50 billion in total bets considering that the Supreme Court reversed PASPA in 2018.
July 15, 2025: BetMGM sets a $2.50 minimum bet in Illinois after the state's brand-new tax changes.
July 15, 2025: Illinois is getting closer to officially banning the use of credit cards in connection with sports betting.
July 10, 2025: Illinois Attorney General Of The United States Kwame Raoul anticipates that the state will eventually legalize online gambling establishment gaming, with consideration potentially being given up 2026.
July 2, 2025: The WNBA's Chicago Sky partnered with online security firm Moonshot to combat online hate, harassment, and abuse targeting gamers and coaches.
June 19, 2025: The WNBA's Chicago Sky announced a multi-year partnership with bet365 sportsbook, making them the fifth WNBA group with a sports wagering partner.
June 18, 2025: Illinois Governor J.B. Pritzker states Illinois' budget, which includes brand-new tax rate on every online sports wager, showcases state's "hard-earned financial obligation" with the state enforcing a $0.25-per-wager rate for the very first 20 million wagers, $0.50 after.
June 17, 2025: April produces an 18% year-over-year sports betting profits boost in Illinois, with the Prairie State's online and retail sportsbooks taking in $108 million on an over $1 billion manage.
June 17, 2025: Lawsuits versus prediction market operator Kalshi, and the trading platforms Robinhood, Susquehanna, and Webull, started to pop up across the U.S. this month, with lawsuits submitted in 5 states, including Illinois, Kentucky, Ohio, Massachusetts and South Carolina.
June 16, 2025: An online survey conducted by Covers recommends the 50-cent cost that DraftKings and FanDuel are preparing to charge in Illinois might curb wagering by some consumers.
June 12, 2025: DraftKings, simply like competing FanDuel, prepares to charge its consumers a 50-cent charge in response to the per-bet tax Illinois legislators just recently .
June 10, 2025: FanDuel-parent Flutter is warning that Illinois' new per-bet tax "will disproportionately impact lower wagering leisure customers while likewise penalizing those operators who have actually invested the most to grow the online regulated market in the state."
June 10, 2025: FanDuel moms and dad company Flutter Entertainment will set up a 50-cent surcharge on all wagers in Illinois, in response to Illinois' current tax walking, which will charge sportsbooks 25-to-50 cents per accepted wager in addition to the 20-to-40% revenue tax.
June 4, 2025: A recently executed DraftKings additional charge on sports bets faced such examination that public pressure forced the company to abandon its ideas.
June 3, 2025: Despite pushback from significant operators, Illinois is moving forward with a significant change to its sports wagering tax structure, with rates varying from 20% to 40% to replace the flat 15% tax on sports betting revenue.
June 3, 2025: With the 157th edition of the Belmont Stakes at Saratoga Race Course set for Saturday, Caesars Entertainment revealed it has included pari-mutuel horse racing betting into its sportsbook in Illinois and Indiana.
June 2, 2025: Illinois has actually been struck by another tax for online sportsbooks - the new tax, effective July 1, will be 25 cents per wager for the first 20 million bets taken in the state in any provided fiscal year, and after that 50 cents per wager after that.
May 27, 2025: Illinois lawmakers are dealing with pressure as proposals to legalize online gambling establishments have actually stalled before the May 31 adjournment.
May 20, 2025: BetMGM has seen a 157% manage increase on the Chicago Bears in the Super Bowl winner futures market given that Chicago native Robert Prevost was announced as the new Pope.
May 15, 2025: Illinois wagerers bet 34.7% more sports wagering dollars in March 2025 than in the exact same month of the previous year, but win rate below 7% stunted profits development.
April 28, 2025: An Illinois guy won $350,000 in bets at a gambling establishment in Indiana and $450,000 at a gambling establishment in Iowa totaling $800k, but those gambling establishments, run by Caesars Entertainment, refuse to pay out those earnings, declaring he violated rules and regulations and anti-money laundering policies.
April 24, 2025: Illinois sports wagering regulators transfer to prohibit the usage of charge card.
April 21, 2025: An operator-friendly Super Bowl LIX outcome in Illinois resulted in a 53.1% year-over-year February profits boost.
April 2, 2025: Illinois problems cease-and-desists orders to forecast business Kalshi, Robinhood, and Crypto.com, signing up with a list of growing states to do something about it versus these grey-area books.
March 17, 2025: Illinois legislators are thinking about the legalization of online betting, likewise known as iGaming, as the state faces a prospective spending plan deficit and financial unpredictability.
March 17, 2025: Illinois bettors still can't place bets on the two in-state participants in the NCAA Men's Basketball Tournament, thanks to a ban that prohibits all wagers involving Prairie State groups.
March 16, 2025: bet365 goes reside in Illinois ahead of March Madness, becoming the tenth online sportsbook offered in the Prairie State.
March 14, 2025: Illinois January sports betting deal with is up 14.6% yearly, highlight an increase in online wagering to start 2025.
Feb. 12, 2025: Illinois December sports betting income falls almost 18% year-over-year compared to December 2023. However, the state created 75% more tax income for the totality of 2024 compared to the previous year.
Jan. 15, 2025: Illinois sets a brand-new regular monthly record for sports wagering handle and income in November, collecting $137.2 million in profits from $1.53 billion wagered.
Dec. 18, 2024: bet365 receives an Illinois sports wagering license to run a retail and online sportsbook, helping it partner with Walker's Bluff Casino Resort.
Dec. 17, 2024: Illinois' revenue plummets in October in spite of earning a record sports wagering handle.
Nov. 18, 2024: Illinois set a brand-new regular monthly sports betting earnings high, as the Illinois Gaming Board reported a September deal with of $1.31 billion, up 21.3% year-over-year and 50% month-over-month.
Oct. 25, 2024: The NFL demands a restriction on prop bets that are "susceptible to adjustment" in Illinois, such as the very first play of the video game, the very first pass to be incomplete, and a gamer missing out on a basket.
Oct. 22, 2024: Illinois sports wagering action increases 30% year-over-year in August, leading to almost $60 million in adjusted earnings.
Sept. 17, 2024: The Illinois Gaming Board presents brand-new gaming marketing guidelines that will use to local gambling establishment and video gaming operators for the very first time.
Aug. 26, 2024: Hard Rock Bet goes reside in Illinois, making it the ninth online operator in the state.
Aug. 12, 2024: Illinois' operators produce an 11% hold despite the state's diminishing sports betting manage in June.
Aug. 1, 2024: DraftKings is set to present a tax on winning bets in Illinois.
July 9, 2024: Illinois' billion-dollar handle streak grows to nine months, as the state eclipsed $1.02 billion in wagers in May.
June 25, 2024: The Chicago Blackhawks partner with Circa Sports to sponsor a main home jersey spot during the next NHL season.
June 18, 2024: Illinois' April deal with presses past New Jersey for the second-biggest sports betting overall in the U.S. for the month.
June 18, 2024: Illinois legislators protect sports wagering tax hike in 2025 budget plan.
June 4, 2024: Illinois Governor indications the brand-new progressive sports wagering tax rates into the state's 2025 budget and will formally enter impact on July 1, 2024.
May 28, 2024: Analysts say response to sports wagering tax walkings is overblown, specifying Illinois is a "state-specific" case.
May 27, 2024: Major sportsbooks would "reevaluate" their Illinois presence if the state's sports betting tax walking ends up being law.
May 16, 2024: Illinois' March basketball action increases 23% year-over-year, assisting sportsbooks produce nearly $1.3 billion in monthly handle.
May 3, 2024: Illinois presents a bill to block Dave & Buster's bets on game games following the business's current statement to enable wagering in between customers on choose video games.
April 5, 2024: Fanatics Sportsbook officially goes online in Illinois.
Feb. 23, 2024: Following Gov. Pritzker's announcement of a proposed tax walking on sports betting recently, Covers' own Geoff Zochodne questions if a sports wagering tax walking in Illinois could deter the state's market?
Feb. 22, 2024: Illinois Governor J.B. Pritzker proposes sports wagering tax walking to combat deficit spending, as raising taxes from 15% to 30% would provide an extra $100 million to the state.
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Illinois Sports Betting: Best Illinois Sportsbooks In 2026
larhondamacmil edited this page 2026-04-28 05:48:12 +08:00