Barstool Sportsbook In Illinois: When It Could Launch And What To Expect
Barstool Sportsbooklaunched in Pennsylvania last week, which raises the question: When is it coming to Illinois?
We don’t know for sure, but one would think that the Illinois sports betting market would be attractive to Barstool.
What we currently know about Barstool visiting the Prairie State is around andrsquo.
Barstool & rsquo’s partner is most likely going to be Hollywood Casinos.
In order to avoid the 18-month & ldquo, penalty box, Barstool would need to collaborate with a land-based operator. & rdquo, It also has two appealing options because of its affiliation with Penn National Gaming.
Penn also owns Argosy Casino Alton, but it will partner with Unibet to offer mobile sports betting.
Therefore, unlike DraftKings or FanDuel, there isn’t much mystery surrounding Barstool & rsquo’s entry into the Illinois market.
Both Penn and the Hollywood games have sports gambling licenses from Illinois.
Barstool may not have announced development programs because it isn’t prepared to do so. But if it so chooses, It & rsquo is prepared to launch in Illinois.
Customer service at Barstool informs Illinoisans to download their software for updates and claims that they are & ldquo, working hard to build in all states where online sports betting is legal.
Penn’s requests for comment were not returned.
When it debuts in Illinois, what can we hope?
There is a lot of betting involvement in Lincoln County.
Marcus Fruchter, the superintendent of the Illinois Gaming Board, stated at last week’s conference that there were already 230, 000 registered sports betting accounts in the state.
That was before Gov. JB Pritzkerextended mobile registration for at least another month. Illinoisans wagered an impressive $51.4 million in July, even with one online sportsbook (BetRivers) available and few sports available for wagering.
In Pennsylvania, Barstool got off to a good start, but the statistics also contained some sound.
As of Thursday morning, Barstool said 180,000 downloads had taken place across the US — an eye-popping number.
But most of those people are outside of Pennsylvania, so they can’t deposit yet. In PA, about 30,000 people downloaded the app.
Barstool recorded an $11 million handle last Friday through Monday. For reference, in Pennsylvania’s latest revenue report, FanDuel led the way with a $144.2 million handle in August.
Barstool would record an$ 82.5 million monthly handle if it maintains that pace. That & rsquo is a powerful organization, but it needs to do some work to take the lead in the sector.
Barstool has a chance to be successful in the Land of Lincoln because there are only five online casinos in Illinois at the moment that cater to the sports betting market. It also seems to relate because of its significant Chicago presence and local next.
Having said that, the membership flip-flipping raises a concern. for any betting, including Barstool, that intends to debut.
When will Barstool get exist?
In Illinois, each day that smart membership is permitted is valuable. The in-person registration requirement may profit by October 17 as of right now.
Barstool will have a fair window to file customers if it can launch before then. It will be in a difficult position if it can & rsquo, t, as it will have to compete against sportsbooks that have all had at least one month to sign up customers remotely.
In-person registration won’t last forever, but if Barstool debuts a few months before mobile registration is permitted once more, it might not be in any man & rsquo territory.