But because of regulatory roadblocks to online sports betting, it will be years before Illinois can enjoy the same kind of boom that we've seen in New Jersey, Pennsylvania, and Indiana." "Launching the industry is obviously a momentous first step. ![]() "Illinois' potential is enormous, but it has a long way to go to become a major player relative to the largest markets in the U.S.," lead analyst Dustin Gouker said. In addition, Illinois could generate $650 million in gross revenue. The state passed legislation to legalize sports betting in June 2019.Īccording to a press release from, the state could generate between $9 and $11 billion in wagers on an annual basis. ![]() BetRivers Sportsbook at the Rivers Casino in Des Plaines took the first wager. As of Monday, gamblers in Illinois can legally gamble at a sportsbook.
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