Illinois Senate has approved a very significant gambling expansion bill which would legalize sports betting in the state. The new legislation was passed on Sunday afternoon.
The bill now awaits the Governor’s approval. Governor J.B. Pritzker has already expressed his support of the gambling expansion in the state.
Following the sports betting legalization bill being approved, the Senate also approved a $45 billion state construction program.
Sen. Terry Link presented the bill on Sunday and urged the lawmakers to approve the measure. On Friday, the state’s biggest labor organization had also urged for the gambling expansion.
Earlier, at Casino.buzz, we had reported that the lawmakers in the state were divided on the issue of sports betting license and fee.
With the gambling expansion green signaled in the state, there would be a new Chicago casino and legal sports betting in the state and slot machines at both city airports. The legislation would also allow for smaller casinos south suburbs, Waukegan, Rockford, Danville, and Williamson County. Also, the horse tracks could now offer sports betting and slot machines in the state.
The new Chicago casino will be privately owned. As per the provisions of the new legislation, one-third of the gaming revenues would go to the city.
The Chicago casino would have a total of 4000 gaming positions, and the smaller casinos would increase their gambling positions from1,200 to 2000.
The new sports betting licenses would go to existing casinos and horserace tracks. The license fee would range from $3.2 million to $10 million.