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Casino
May 30, 2025
Illinois Considers Relocating Three Underperforming Casinos to New Locations
A bill in Illinois could allow a few of the state’s less successful casinos to relocate. Supporters of the measure argue that this could boost the properties and, by extension, their economic contributions. The Bill Seeks to Bolster the Economy House Bill 4070 is being spearheaded by Rep. Joe Sosnowski who seeks to reinforce the […]
Lottery
April 30, 2025
$349M Mega Millions Jackpot Winner Steps Forward to Claim Prize
It’s been a month since the Mega Millions jackpot fell, and now the group of winners, who still remain anonymous, has come forward to claim the prize. Winners Come Forward The $349 million Mega Millions jackpot landed on March 25 after a group of lucky players guessed the winning combination. Early Wednesday morning, the Illinois […]
Industry
April 28, 2025
Illinois Moves to Ban Credit Card Use for Sports Betting
The Illinois Gaming Board (IGB) has approved proposed regulations that would ban the use of credit cards to fund sports betting accounts in Illinois, as part of efforts to enhance responsible gambling practices. Illinois Gaming Board Advances New Rules According to IGB Administrator Marcus D. Fruchter, the Board determined that prohibiting the use of credit […]
Industry
April 24, 2025
Bally’s Chicago IPO Faces Legal Challenges
Bally’s Corporation has published an update on its Chicago Casino plans, warning that the planned initial public offering faces certain legal headwinds, which could incur “significant costs.” Many Are Unhappy with the Offering’s Restrictions For context, the development of Bally’s Chicago Casino has long been marred by certain financial concerns. Because of that, the company […]
Legal
April 9, 2025
Stake.us Hit with Class Action Lawsuit in Illinois
Stake.us, a gaming platform that uses a sweepstakes-style model, now faces legal challenges. An Illinois resident, Brayden Urdan, has filed a class action lawsuit in federal court. The lawsuit claims that Stake.us runs an illegal online casino while pretending to be a casual gaming site. Stake.us Accused of Masking Real-Money Bets with “Gold Coins” Edelson […]
Industry
April 8, 2025
Illinois Senate Backs Bill to Label Gambling as Addiction
Illinois lawmakers are working hard to give problem gambling the same level of attention and treatment resources as addictions triggered by drug and alcohol abuse. A new bill aims to officially recognize compulsive gambling as a substance abuse disorder under state law. The critical move could unlock more funding and support for those struggling. Escalating […]
Industry
April 3, 2025
Illinois Cracks Down on Prediction Markets Kalshi, Robinhood, and Crypto.com
Illinois has joined other states in taking action against prediction market platforms. It has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com. The Illinois Gaming Board (IGB) decided these companies were helping illegal sports betting operations without the needed licenses. Illinois Takes Action Against Unlicensed Sports Betting on Prediction Platforms The regulators claimed these platforms […]
Business
April 1, 2025
Bally’s Gets New Rating Blow Because of Chicago Project
Bally’s Corporation is facing yet another financial setback as a leading Wall Street ratings agency has downgraded its credit once more. Award-winning provider of “credit ratings, commentary, and research,” Fitch Ratings, announced it dropped Bally’s rating from “B” to “B-” due to “execution risk in the development of the Chicago projects,” along with a series […]
Legal
March 25, 2025
Illinois Judge Sentences Casino Queen Robber to 49 Years in Jail
One of the men responsible for a deadly shooting at а casino in Illinois has been sentenced to almost half a century in prison. Local officials were satisfied with the sentence, saying that it shows severe crime will not be tolerated. Robber Trio Struck Casino Queen Back in September 2017, three armed men entered the […]
Industry
March 18, 2025
State Rep. Gonzales: “Illinois Is Gambling With Its Financial Future”
Last month, Illinois lawmakers made a new attempt to give the green light to online gambling as a means of further growing the market following the legalization of sports betting five years ago. Then, State Representative Edgar Gonzalez and Senator Cristina Castro submitted House Bill 3080 and Senate Bill 1963, hoping to allow licensees to […]