Posted: July 22, 2021, 12:12 NS.
Last updated: July 22, 2021, 12:51 NS.
Chicago sports betting within the city limits remains a banned activity. However, some officials want the regulation to end soon.
Illinois has legalized sports betting 2019. This was brought about by a major game expansion package signed by Governor JB Pritzker (D), who licensed five regional casinos on the outskirts of southern Chicago and a larger integrated resort in downtown Windy City.
However, in Chicago, legal sports betting is not possible until the city council has passed an ordinance permitting such gambling. City councilors Walter Burnett (27th Ward) and Brian Hopkins (2nd Ward) have proposed measures this week ending the sports betting ban.
If the ordinance is approved, the city's professional sports stadium can pursue sports betting licenses. As permitted by state sports gambling law. The resolution covers Wrigley Field, Guaranteed Rate Field, Soldier Field, United Center and Wintrust Arena.
Wrigley and United Center — they were both talking about setting up a place for it. In order for that to happen, we need to pass this ordinance, "Burnet explained. The council wants to go with it. More people will come to the United Center in my community. They may spend more money. It also helps with the sales and entertainment taxes paid by these people. So there's a good side, "Burnet added.
Retail Stadium Sports Book
Under the Sports Betting Act of Illinois 2019, Chicago's professional sports stadiums can apply for a sportsbook permit after waiting for local government approval. At least 17,
Stadium people with a capacity of can incorporate sports books into the venue or build stand-alone sports betting facilities within a radius of 5 blocks.
The historic Wrigley Field, home of the MLB Cubs, wants it. Last September, the Cubs and sports betting leader DraftKings announced a multi-year partnership. The MLB franchise and DraftKings want to make a retail sportsbook in Wrigley.
“More and more sports enthusiasts want to integrate sports betting into their gaming experience,” said Cubs President of Business Operations Crane Kenny.
If the Chicago City Council lifts the ban on sports betting, the Cubs and DraftKings will need to approve the Illinois Gaming Board and Major League Baseball. If everything goes according to Cub's wishes, the team and DraftKings will have to pay a one-time $95. One million sports betting license fees to the state.
After Barnett and Hopkins introduced the Sports Betting Ordinance at this week's city council meeting, city council member Anthony Beer (District 9) moved the bill to the government's rules committee for further consideration.
The next upcoming meeting of the city council is September 14. At that point, recommendations from the Rules Committee on the Sports Betting Initiative are expected.
Burnett says he recognizes that not everyone is in favor of sports betting. But he walked through the halls of the City Hall during the Super Bowl and other major sporting events, saying "everyone is doing all sorts of things related to squares, pools, and sports betting." I am.