Illinois Casinos Recieve Reopening Guidelines from Regulators.
Unlike Mississippi casinos, the casinos in Illinois are not open 24 hours and Illinois casino laws limit the number of gaming licenses to 10. There are five casinos in Illinois near Chicago, two casinos towards the center of the state and three casinos in southern Illinois.
The licenses were up for grabs after Illinois Gov. J.B. Pritzker signed a massive gambling bill into law in summer 2019. According to the Chicago Sun-Times, South Suburban Development LLC submitted its amendment to the application to open a casino in Matteson, a suburb around 30 miles south of Chicago.
The Danville City Council will act on the petition on Oct. 15. Another big step for the Danville casino project will come by October 28, the deadline for new casino programs to apply to the Illinois Gaming Board for gaming licenses. It’s not clear how long it will take the Gaming Board to act on the applications.
Other licenses include New Jersey, Pennsylvania, and Indiana. Three months after launching the state’s first retail bet the Bet Rivers Sportsbook launched online and mobile sports betting in Illinois allowing customers to register from home instead of a physical bricks and mortar casino. Illinois becomes the18th state to regulate sports betting since the repeal of PASPA in August 2018.
As sports betting laws change all over the United States, Illinois has joined the procession and could be set to make its own significant changes. However, the addition of two new amendments to the state’s proposed sports betting legislation could cause some problems both with players and operators.
The Illinois Gaming Board (IGB) was established in 1990, shortly after the Riverboat Gambling Act was passed in February of the same year. As the second state to legalize riverboat gambling, the first casino was in operation by the following September. Since the Illinois Gaming Board was started, they have successfully maintained the integrity and law-abiding processes of both riverboat.
Our team includes professional developers and seasoned gaming operators who have all held licenses or have applications in progress before the Illinois Gaming Board. Having already laid a large part of the groundwork, we are positioned to execute on our plans quickly. Being first to market is an advantage for the success of the development and the City. We envision that we would be able to.