Illinois to consider adding Sports Betting and Online Gambling to its gambling portfolio

October 27, 2018 11:22 PM

After the United States Supreme Court legalizes Sports Betting in May, state representative Lou Lang has been investigating on how to expand gambling in Illinois beyond casinos, horse racing, neighborhood bars and video slots. According to Lang, the estimate revenue from sports betting could be $50 million and could go up to $300 million. He said if the law were repealed “Illinois could be a hub” for sports betting. But he warned the lawmakers to look closely on the taxes because it might scare the people elsewhere. “It will drive people out of the market and it will hurt the.....

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