As Expected, Pritzker Extends Illinois Mobile Sports Betting Registration Until January
It isn’t known when casinos will reopen. Illinois COVID-19 positivity rates trend downward since hitting a peak in mid-November, but the state is still in the 10% range. In other words, don’t expect casinos in Illinois to reopen any time soon. The last time Pritzker ended a casino shutdown, Illinois’ positivity rate was 2.6%.
Smart sports gambling registration should continue, at least as long as casinos are closed. People in the industry anticipate seeing some significant numbers in upcoming earnings reports as a result.
Will new providers be able to profit from this?
We are aware of three users who intend to launch in Illinois in 2021.
Unibet has the clearest path to launch with retail partner Argosy Casino Alton, and has applied for its master license. All it needs now is Illinois Gaming Board (IGB) approval.
Regarding Barstool, it appears that it will collaborate with Penn National Gaming, one of the Hollywood gambling.
The question for that trio now is, will they be able to launch in time to capitalize on mobile registration? One can figure that it will be around through the winter, as the COVID-19 vaccine(s) should be available to the public by spring.
It’s also worth noting that in-person registration wasn’t meant to be permanent, and it shouldn’t be an issue by next football season anyway. But if these books can’t launch until spring, will they be caught in no man’s land? It’s possible.
However, given how long portable enrollment has already been in place as a result of the pandemic, maybe going back to in-person registration isn’t in the cards at all. Andnbsp, it’s possible that the cat is now” out of the case.”
There are many factors at play. However, we can confidently assert that the sooner these sportsbooks open, the better chance they & rsquo will have of being successful.
Sports gambling in Illinois is booming.
Thanks in large part to mobile registration, the Illinois sports betting market is thriving.
In September, The Land of Lincoln, which is third in the US sports gambling market, had a handle of$ 305.2 million.
If we & rsquo follows the path of other states, that number is expected to soar in October, November, and December.
We should soon have data for October, where we & rsquo will probably see another monthly record.