WynnBet Applies For Illinois Sports Betting License

Written By Jake Garza on June 6, 2022
WynnBet Submits application for Illinois sports betting application

WynnBet, the online sportsbook, recently submitted an application for a license in Illinois and could be potentially expanding to the Land of Lincoln.

Currently, there are seven distinct sports betting apps in Illinois. Wynn Resorts’ online gambling division plans to increase this number soon.

WynnBet coming to Illinois

Before long, Illinois gamblers might have a new sportsbook option.

The Illinois Gaming Board (IGB) has received a license application from the latest company, WynnBet.

However, it’s not the only sportsbook attempting to launch in the state. Recently, Circa Sports submitted its application to join the sports betting scene.

Though Circa and Wynn are in similar situations in Illinois, a significant difference remains. Specifically, it is not yet known which casino Wynn will be partnering with in the state.

Circa is partnering with the forthcoming American Place casino, however, the IGB’s website has not yet mentioned Wynn’s retail partner.

If the IGB proceeds with the company’s application, the information will be revealed soon. Meanwhile, Wynn could already be strategizing its next steps in Illinois.

Chicago sports team deal on the way?

Given the limited number of online sportsbooks in Illinois, it’s simpler for new companies to create a significant impact upon entering the market.

According to the latest IGB report, gamblers in the state bet close to $1 billion on sports in March. Even with just seven online sportsbooks in the state, there are ample bets to be placed.

By partnering directly with sports teams, WynnBet attempts to distinguish itself from the competition.

For instance, the betting app has already secured a deal with the Cincinnati Reds to provide exclusive gambling options to baseball enthusiasts in Indiana. The company may consider employing a similar strategy in Illinois with one of Chicago’s sports teams.

The prevalence of such sports betting deals is increasingly on the rise.

Just last month, Caesars Sportsbook sealed a deal with the White Sox. This partnership allows Caesars to provide a variety of exclusive baseball promotions to fans in Illinois.

Naturally, a deal like that would only be beneficial for WynnBet if they receive approval from the IGB first.

Regardless, sports fans should stay alert if the company starts accepting bets in Illinois. There might be a deal in the future with your beloved Chicago sports team.

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