IL casinos, racetracks, and retail sportsbooks can apply for a Master License.Key licensing points behind the Illinois legal online sports betting market are as follows: Just three of these licenses, however, are for mobile-only wagering. In addition, it allows for up to 26 total licenses, which is generous compared to many states. The Illinois legal online sports betting market features a reasonable 15% tax rate on land-based and online operators. Lawmakers discussed the intricacies of a betting bill for a year until SB 690 passed in June 2019. However, the Illini State took its time with sports gambling after the federal sports betting ban fell in May 2018. In March 2012, it became the first state to begin selling online lottery tickets. Illinois is an online gambling pioneer of sorts. Gaming Regulation Agency – Illinois Gaming Board.Sports Betting Legalization and Launch Dates – Sports betting was legalized in June 2019 retail and online sportsbooks launched in March 2020.College Sports Wagering Policy – Allows betting on college sports bettors must make wagers on in-state teams in person.Available Online Sports Betting Licenses – Up to 23 “Master Licenses” are available plus three mobile-only betting licenses.Online Gambling Revenue Tax Rates – 15% of gross gaming revenue.Legal Online Gambling Verticals – Online sports betting online lottery.Key Points for Online Gambling in Illinois This complete guide to Illinois sports betting includes links to a variety of new player bonus offers. sports betting markets in terms of handle. Fueled by legal online sports wagering, the Land of Lincoln competes among the top five U.S. The Illinois sports betting industry stands as one of the biggest markets in the U.S.

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