Illinois residents may quickly place wagers by way of Betway if the only bidder for an online-license is succesful. [Image: Shutterstock.com]
The Illinois Gaming Board (IGB) has revealed that it solely has one applicant for an online-only sports activities betting license within the state this 12 months. That is the second 12 months that the applying course of for the three $20m licenses has been open, with not one of the candidates profitable in 2022.
A Digital Gaming Company (DGC) subsidiary is the only contender in 2023. It really entered the race final 12 months too earlier than pulling out and has since been acquired by Tremendous Group, which leases the Betway sportsbook model to DGC within the US market.
nonetheless must endure extra approval processes to really obtain a license
Within the present stage of the method, the IGB should assess whether or not DGC meets the minimal suitability standards. It nonetheless must endure extra approval processes to really obtain a license.
DGC dedicated to including $2.5m on prime of the $20m license charge if profitable. It additionally would donate 1.5% of all post-tax gaming income to the Frequent Objective USA non-profit.
On-line sportsbooks are already up and working in Illinois, though these are all tethered to sports activities venues, racetracks, and casinos. Betway would symbolize the primary untethered betting model if the DGC utility proves profitable.