Tag: Illinois

Illinois regulator tightens wagering and casino advertising rules

Illinois regulators late last week became the latest to revamp advertising and marketing rules for sports betting and casinos. The move follows a trend in the US that regulators say aims to protect minors and those at-risk from potential harms.
The Illinois Gaming Board (IGB) on Thursday (12 September) voted in more strict measures around wagering, casino advertising and video gaming. The new guidelines mirror those in Massachusetts and Ohio. Those two states are recognised to be the most stringent when it comes to advertising and marketing.

The IGB previously did not have such guidelines for casino and video gaming.

The board voted the same day that two US lawmakers introduced legislation that would, in part, create national gambling advertising guidelines.

The overall document now seeks to consider digital sports betting and advertising. But the rules apply to the physical and digital worlds.

IGB CEO Marcus Fruchter said the new rules were designed to “include additional safeg..

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Illinois’ proposed high sports betting tax rate could backfire on lawmakers

Illinois' general assembly made a money grab earlier this week, but gambling stakeholders say it could backfire. Lawmakers sent a FY2025 budget that includes a progressive tax rate topping out at 40% to Governor JB Pritzker.

On the face of it, raising the sports betting tax rate seems like a good way for any state to bring in more revenue. But stakeholders say Illinois consumers will likely be the recipients of unintended consequences. During the house budget debate, one Republican representative suggested an appropriations line for funds to treat the Democrats’ unchecked “spending addiction”.

The budget bill is now headed to Pritzker’s desk and it seems like a slam dunk that he will sign it. That, stakeholders say, will seal the fate of Illinois bettors.

“Players are probably going to see fewer promotions and that is not good for the consumer,” West Virginia lawmaker and government affairs chief for Play ‘n Go Shawn Fluharty told iGB. “It could impact the lines and that is ano..

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Illinois approves Hard Rock Casino sportsbook

The Illinois Gaming Board (IGB) has approved the launch of a new sportsbook at the Hard Rock Casino in Rockford.

The authority granted 815 Entertainment – doing business as Hard Rock Casino Rockford – a sports wagering operator licence. Seminole Hard Rock Digital was also approved as a sports wagering management service provider.

The casino “must comply with IGB rules before offering in-person and online wagering”, the regulator said. It is understood that the casino is hoping to begin offering sports betting within the next two months.

Read the full story on iGB North America

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