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"Illinois lawmakers held a Senate hearing Tuesday to consider the legalization of sports betting across the state," NBC Chicago reports.
"During the hearing, legislators discussed what platforms might be used, what state regulations would be put in place, and how the bets would be taxed.
"There is currently a federal ban on sports betting, however the U.S. Supreme Court is considering a decision to overturn it."
"Major League Baseball's representation at the hearing, Bryan Seeley, said that 'if Illinois is going to legalize sports betting, there are some important things that need to be in the legislation,' namely, giving the league the ability to talk to bookmakers. Representatives for the Chicago Cubs and White Sox were also in attendance at the hearing."
"The Supreme Court is expected to issue its ruling in the next few months," according to a GateHouse Media report.
"'So far, I think almost 20 states have either considered bills or have passed bills that would legalize sports betting, and I think at this point, Illinois certainly needs to join that conversation,' said state Sen. Steve Stadelman, D-Rockford."
Beware estimates of revenue generation and tax receipts in these reports; they draw on self-interested consultants whose work is rarely aligned with reality.
The PGA is in, joining the NBA and MLB.
"Five state senators and representatives have filed bills since January that'll spark the sports wagering conversation in Springfield. Democratic state Sen. Steve Stadelman of Loves Park, chairman of the gaming committee, said he expects public hearings within two months," the Daily Herald reports.
This was today, of course.
What it looked like.
As Illinois lawmakers undergo preliminary (for this year, anyway; such talk is perennial) discussions on gambling, MLB and the NBA attorneys testify leagues want a cut were the state to permit sports betting (pending a U.S. Supreme Court decision allowing it) pic.twitter.com/3JZZ67u2WR— Amanda Vinicky (@AmandaVinicky) April 3, 2018
Panelist points out that all states surrounding Illinois - except Wisconsin - are currently considering sports betting bills. #SenGam— IL Senate Democrats (@ILSenDems) April 3, 2018
If Supremes rule as expected soon, states where sports betting will likely be legal soon:— Robert Barnes (@Barnes_Law) March 23, 2018
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Posted on Aug 20, 2018