Keys To Par-A-Dice? FanDuel Relocates Online License, Opens Door For BetMGM Illinois

FanDuel Sportsbook & amp, Horse Racing has formally transferred its sports betting license from Par-A-Dice Casino.

FanDuel announced the rebranding of Fairmount Park, formerly known as, in November.

On Monday, Illinoisans who accessed the FanDuel Sportsbook app were presented with the following message. It urged users to agree to the new terms that would facilitate the transfer of their account:

The Par-A-Dice Casino used to be displayed in the top left-hand corner of the app in Illinois, but it is no longer the case.

At first glance, this might not seem like substantial information, given that we’ve been aware of it since November.

However, for another sports betting operator hoping to enter Illinois, it’s a crucial domino.

This makes BetMGM possible in Illinois.

Now that FanDuel no longer holds the Par-A-Dice Casino license, it means another operator can acquire it.

Unless there is a surprising twist, that will be BetMGM.

According to the Illinois Gaming Board’s (IGG) website, BetMGM sportsbook in Illinois is currently a pending sports betting applicant, a status it has held since September.

However, before this, it lacked a financial partner for marketplace access. Now it has one.

BetMGM maintains a current partnership with Boyd Gaming, the owner of Par-A-Dice Casino, as stated in a press release from 2018:

In regions where Boyd Gaming or MGM Resorts run actual casino-resorts and virtual licenses can be obtained, both companies will have the chance to offer online and mobile gaming platforms, encompassing sports betting, casino gaming, and poker & ndash. This market entry agreement allows each company to expand their online and mobile entertainment footprint across 15 states.

FanDuel and DraftKings lead the sports betting market in both Illinois and the entire US. BetMGM is seen as a second-tier leader, alongside sportsbooks such as William Hill and Barstool.

FanDuel will continue to run a physical betting at Par-A-Dice.

At this point, things begin to become a bit unclear. FanDuel will still operate Par-A-Dice & rsquo, a retail sportsbook, despite the high probability of BetMGM utilizing it to penetrate the market.

The license for Par-A-Dice is now accessible since Illinois permits only one smart skin per entity. However, FanDuel can still operate the financial betting.

In November, Kevin Hennessy, the Publicity Director of FanDuel, relayed this information to Play Illinois & nbsp.

A similar situation is unfolding with Barstool and Unibet. Unibet has gained access to the Illinois market through Argosy Casino Alton, but Argosy will be utilizing Barstool as its retail partner.

A Barstool Sportsbook will also be present at the Hollywood Casino Aurora and potentially at the Hollywood Casino Joliet.

The sports betting market in Illinois is beginning to take shape.

When did BetMGM be available in Illinois?

At this point, everything depends on the IGB. There’s a board meeting next week where BetMGM could potentially get approved.

Of course, this would only happen if IGB had only the FanDuel execution to consider. However, we are not certain if that’s the case.

However, considering BetMGM’s application, it seems likely that they will commence operations in Illinois shortly.

BetMGM is now established in New Jersey, West Virginia, Indiana, Colorado, Tennessee, Iowa, Michigan, Pennsylvania, and Virginia.

Illinois sports gambling is in for great things.

In December, Illinois reported a sports betting handle of $491.7 million, a figure expected to increase as more operators enter the market.

Barstool and BetMGM are two of the most recognized companies currently operating in Illinois. However, Barstool anticipates relocating to Illinois by March Madness while BetMGM appears to be on the brink of making a similar move.

Currently, Illinois only has five online sportsbook operators, yet it remains the best. There are four sports betting markets in the US. Due to recent changes, Illinois has a strong chance of overtaking Pennsylvania for the top position, currently holding the No. 3 spot.

The possibility of success for companies such as Barstool and BetMGM in the Land of Lincoln is contingent on the training policies of Governor JB Pritzker. Currently, he is still exempt from the requirement of in-person membership. If he maintains this, these companies could potentially thrive immediately.