A sweeping expansion of gaming in Illinois cleared the Illinois General Assembly in the final hours of the spring legislative session. If signed by the Governor, the measure will allow for six new casinos and legal sports wagering in Illinois.
Senate Bill 690 authorizes casinos for Rockford, Chicago, Walkers Bluff, Danville, Waukegan, and the south suburbs.
The measure would also allow for sports wagering at casinos, racetracks, lottery and online. Fantasy sports sites, like FanDuel and DraftKings, will be able to partner with a casino, racetrack, or other sports venue that offers a sports book, and those wishing to engage in sports betting would then physically enter a casino to register to place and place deposits. The in-person deposits would allow them to place bets through the online services.
Additionally, the bill allows a sixth terminal at video gaming establishments other than truck stops where ten terminals will be allowed. Terminals will be taxed at 33 percent of revenue which will increase to 34 percent in the second year.
Revenue from this expansion, will help fund capital improvements in Illinois.