Illinois Aims to Legalize iGaming by 2025 Amid Economic Prospects
The Essentials in Brief
Illinois aims to legalize iGaming by 2025, joining the seven US states that already allow licensed online casinos on mobile and web platforms. Despite previous setbacks, Representative Edgar Gonzalez Jr. is determined to introduce a new bill. Together with Senator Cristina Castro, renewed efforts are being made to unlock the benefits of regulated iGaming in Illinois.
Legislative Efforts and Challenges
In February 2023, Gonzalez presented House Bill 2239, which aimed to legalize online casinos in Illinois, but encountered significant obstacles. Similarly, Senate Bill 1565 by Senator Castro faced hurdles. Both proposals stipulate that licensed internet casino operators may run up to three “skins” and must pay a tax of 15% on gross gaming revenue (GGR). This strategy follows successful examples from other states where iGaming is already regulated.
Optimism for the Future
Despite previous difficulties, Gonzalez and Castro are confident in reintroducing their proposals once the Illinois General Assembly reconvenes in January. They believe that Illinois can soon reap the financial benefits of regulated iGaming by continuing to mobilize support and advocate for their cause.
Our Assessment
The efforts of Gonzalez and Castro to legalize iGaming in Illinois reflect the growing trend in the US to regulate online gambling. Although they have faced challenges so far, their persistence could put Illinois on the list of states benefiting from the economic advantages of regulated online casinos. The planned taxes and licenses could not only benefit the state budget, but also create a safe and regulated environment for players. It remains to be seen how the legislation will develop, but the prospects for iGaming in Illinois are undoubtedly promising.
Sources
– Mirax Casino
– EveryMatrix
– Entain
– Dynamic Gaming Solutions
– IGT
– Maryland Casinos
– Pagcor
– PopOK Gaming
– Gibraltar Authority
The 3 best crypto casinos
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| Wagering requirements | 40x bonus |
| Minimum deposit | 0,1 mBTC |
| Maximum bet | $5 per spin |
| Bonus validity | 7 days to wager |
- There is no cap on winnings or withdrawals.
Advertising transparency