From sports betting to online casino – Illinois lawmakers are pushing for the legalisation of online casino
Illinois legislators, Robert Rita (below) and Jonathan Carroll, have filed a bill to legalise online casino gaming. Bill 3142 – The Internet Gaming Act – allows land based casinos to apply for online gaming licences.
Once these casinos acquire an online gaming licence, they will be able to work with a maximum of three internet management service providers and offer online casino games to those 21 and above.
The newly proposed licence for online gaming includes a set fee of $500,000 together with a $250,000 charge for renewal.
Robert Rita also proposed that online casinos will be subject to the same tax as sports betting operators, amounting to 12% on profits.
This new move will certainly boost Illinois’ revenues. The state, home to Chicago, has already burst onto the scene ranking in at number 4 in our top 10 US states for sports betting.
There is certainly a market for online casinos to prosper. It will definitely help Illinois cement its place in the iGaming industry and close the gap to Nevada and New Jersey.
For an in depth view of Bill 3142 click here.
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