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DraftKings is looking to skirt a cumbersome 18-month waiting period for online betting operators in Illinois and could use management services licenses to do just that. doubledown casino codes that never expire DraftKings is looking to use a loophole to rapidly enter the Illinois betting market. Riversweeps Casino Game Uxtm (Image: Chicago Tribune)When the Prairie State passed broader gaming expansion legislation last year, a provision was included in the bill prohibiting the entry of companies such as DraftKings and FanDuel into the market for 18 months, essentially giving land-based operators already established there a head start. free online slots dolphin treasure A loophole via a management services application could allow DraftKings faster entry into what is expected to become the sports betting capital of the Midwest. silver oak casino 100 no deposit Applicant data from the most recent Illinois Gaming Board (IGB) meeting indicate an entity known as Crown IL Gaming LLC is pursuing a management services permit and applied for that license on April 28. That LLC does business as DraftKings, according to the IGB web site.

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Compliberty slots online casinoanies applying for the management services provider permit must pay an application fee of million and are subject to renewal every four years with a levy of 0,000. twin river casino free cruise The management services license differs from the Illinois master license, the latter of which allows a company to directly offer sports wagering services. casino extreme 2021 Still, the services licensing process is intensive, with applicants required to provide IGB with an array of data and plans, including how the company is proposing to award procurement contracts to female- and minority-owned businesses. There’s a TemplateDraftKings doesn’t have to look far for inspiration on how to fast-track entry into the potentially lucrative Illinois market. online gambling odds Rival FanDuel is pursuing a similar strategy via a management services license. Harrah S Cherokee Casino Las Vegas Kdtv Netherlands But in the case of that company, it’s looking to acquire Fairmount Park racetrack in Collinsville, Ill.

IGB is considering three “organization license” applications from racetrack operators, one of which is Fairmount. FanDuel also partners with Boyd Gaming, the operator of the Par-A-Dice in East Peoria, meaning that it’s not entirely shut out of the Land of Lincoln at the moment. encore casino garden brunch Boyd is one of several operators already approved by IGB to offer sports betting. Others include Eldorado Resorts, Penn National Gaming, and Rivers Casino. Aliante Casino Number Pkwg Germany For its part, DraftKings has a deal with Caesars Entertainment, which operates Harrah’s Joliet and Harrah’s Metropolis in the Prairie State. Howeveliberty slots online casinor, it’s not clear if that accord provides for sportsbook operations.

When Eldorado wraps up its takeover of Caesars – likely next month – William Hill will take control of the combined company’s sportsbooks. caesar casino phone number The Allure of IllinoisIllinois, the fifth-largest state by population, is dealing with some bad timing when it comes to sports wagering. coushatta casino app The activity went live in the state in March, with politicians and operators hoping to catch a tailwind from NCAA Tournament betting. riverwind casino coupons slot machine blue chip casino Just days later, the US sports scene ground to a halt, as amateur and professional competitions and leagues were canceled or postponed because of the coronavirus. chumba casino best odds Still, industry observers forecast that it will take just a few years for Illinois to become the third-largest sports betting state by handle, trailing only Nevada and New Jersey, explaining why operators such as DraftKings are eager to enter the market. hallmark casino 500 free chip Atlantic City is “in trouble.

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