Bet365 receives sports betting licence approval in Illinois
The company will launch in-person and mobile wagering through a partnership with Walker’s Bluff Casino Resort.
US.- The Illinois Gaming Board (IGB) has approved Bet365’s application for a sports betting licence. The company will launch in-person and mobile wagering through a partnership with Walker’s Bluff Casino Resort.
The resort has been granted a Master Sports Wagering Licence and bet365 has been given a Management Services Provider Licence. bet365 will become the 10th online sports betting provider live in the state, pending the satisfaction of further regulatory requirements.
Illinois’ sports betting handle reported $1.45bn in October, up 24.5 per cent year-on-year and up 10 per cent from September. It surpassed the previous high of $1.37bn set in November 2023. Players bet $1.41bn online and $36.7m at retail sportsbooks. According to the Illinois Gaming Board (IGB), online and retail sportsbooks produced $81.4m in revenue, a 27.8 per cent decrease year-on-year. The 5.6 per cent hold was the state’s eighth-lowest.
