Gambling in the USA

PlayIllinois.com says launch of sports betting first step in what could be $10B-a-year industry

Published

6 years ago

March 10, 2020

Illinois officially has joined the ever-growing list of legal sports jurisdictions in the U.S. with the launch of BetRivers Sportsbook at Rivers Casino in Des Plaines, and by doing so took the first step in what could be one of the largest markets in the U.S.

If the Illinois market fully matures — which would have to include the widespread launch of online sports betting — the state could generate from $9 billion to $11 billion in wagers annually and $650 million in operator gross revenue, according to projections from PlayIllinois.com, which tracks regulated online and retail gaming in the state.

“Illinois’ potential is enormous, but it has a long way to go to become a major player relative to the largest markets in the U.S.,” said Dustin Gouker, lead analyst at PlayIllinois.com. “Launching the industry is obviously a momentous first step. But because of regulatory roadblocks to online sports betting, it will be years before Illinois can enjoy the same kind of boom that we’ve seen in New Jersey, Pennsylvania, and Indiana.”

On Monday, Illinois became the 15th state to allow legal sports betting. Of those, only New York and Pennsylvania have a larger population from which to draw. And Illinois’ retail sportsbook market is expected to ramp up quickly, with five more expected to open soon, including sportsbooks at Argosy Casino Alton, Hollywood Casino Aurora, Hollywood Casino Joliet, Grand Victoria Casino in Elgin, and Par-A-Dice Hotel Casino in East Peoria. Fairmont Park Racetrack in Collinsville, near St. Louis, has also been approved for a temporary operating permit.

Significant hurdles remain, though, particularly for online sports betting, which isn’t expected to launch until later this year. And when it does launch it will require in-person registration for mobile accounts.

The Illinois law, passed in December, allows for three “stand-alone” mobile operators such as DraftKings and FanDuel. But because of the state’s in-person registration requirement, those would-be operators will not be able to accept a bet for at least 18 months. And with a hefty $20 million fee to obtain one of those three licenses, it’s not clear which operators will apply.

“Illinois’ high licensing fees for online operators and its in-person registration requirements will undoubtedly stunt the growth of the industry,” Gouker said. “Even with the high fees, the appeal of the Illinois market will eventually be too much to resist for the country’s largest operators. But neighbor Indiana will be able to continue to cash in on the Chicago market until Illinois gets up to speed.”

Online sports betting is by far the most significant revenue driver in the major U.S. markets. In New Jersey, which has quickly grown to become the country’s largest market, 87% of all sports bets in January were made online. By contrast, Rhode Island, which put in place a similar in-person registration requirement as Illinois, draws just 15% of its bets from online sources.

Illinois’ 10 existing casinos, three racetracks, and as many as seven sports venues are eligible to apply to open retail sportsbooks. Those sportsbooks will also be able to set up mobile sports betting apps.

“The Illinois model isn’t ideal, but for Illinois bettors today is unquestionably a good day,” Gouker said. “Most of the state’s residents should be able to place a bet in relatively close proximity. And that is much better than the alternative.”

For more information and analysis on regulated sports betting in Illinois, visit PlayIllinois.com/news.

Related Topics:BetRivers Sportsbook Illinois PlayIllinois.com Rivers Casino in Des Plaines sports betting

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Cryptocurrency

Paysafe Introduces “Pay with Crypto” to Meet US iGaming Demand

Published

4 hours ago

April 7, 2026

Wladimir P.

paysafe-introduces-“pay-with-crypto”-to-meet-us-igaming-demand

The new product powered by MoonPay allows players to easily deposit using stablecoins and cryptocurrencies at iGaming and daily fantasy sports companies.

Paysafe, an international payment platform, today revealed the introduction of Pay with Crypto, a novel cryptocurrency payment option for iGaming operators and daily fantasy sports companies in the U.S. market. Enabled by MoonPay, the top provider in worldwide crypto payments and stablecoin systems, Pay with Crypto enables customers of iGaming brands to conveniently use their chosen stablecoin or cryptocurrency to fund their player accounts, where allowed.

Approximately 70.4 million American adults are said to own cryptocurrency, and Paysafe’s research shows that 83% of U.S. players are interested in crypto payments, prompting the company to introduce Pay with Crypto to satisfy this demand. A player wishing to fund their iGaming account with USD Coin (USDC), another stablecoin, or any leading cryptocurrency can now use Paysafe’s new payment option for operators’ cashiers, which allows for quick conversion of their crypto deposit to U.S. dollars for gameplay.

Upon choosing Pay with Crypto and their desired stablecoin or cryptocurrency, players just link their crypto or custodial wallet to complete the deposit, while the MoonPay Commerce Checkouts technology also facilitates transactions through QR code using users’ mobile devices. After verifying the transactions, Pay with Crypto immediately converts crypto deposits into U.S. dollars to credit the player’s account.

The flexibility inherent in the Pay with Crypto solution also applies to operators, who can opt to settle payments nearly instantly in stablecoins within their business crypto wallet, or in U.S. dollars or other major fiat currencies via MoonPay’s Virtual Accounts driven by Iron.

Operators can enhance their cashiers with Pay with Crypto via a single, seamless integration of the Paysafe Gateway, designed specifically for iGaming and utilizing the company’s 30 years of worldwide expertise. The Gateway, which already features seamless card payments, the Skrill digital wallet, the PaysafeCash eCash option, a Pay by Bank service, and over 30 local payment methods, is further diversifying its services by introducing Pay with Crypto to cater to changing transactional preferences.

Zak Cutler, President of Global Gaming at Paysafe, said: “Galvanized by the growing popularity of stablecoins, cryptocurrency is evolving in the U.S. from an investment asset into a unit of value for payments, and we’re seeing this shift gather pace in the country’s iGaming market. Against this backdrop, we’re delighted to unveil Pay with Crypto, a forward-thinking solution that strongly positions U.S. operators for their customers’ changing transactional preferences – the future of how they pay when they play.”

Ivan Soto-Wright, Founder and CEO of MoonPay, commented: “Crypto rails are making payments faster and more efficient, and our job is to close the gap between this technology and real-world utility. People shouldn’t have to convert their digital assets just to make a purchase – they want to use what they already have. Paysafe brings that experience to more people through trusted, regulated platforms.”

The post Paysafe Introduces “Pay with Crypto” to Meet US iGaming Demand appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

Andrea Mata

Teamsters at Park MGM Unanimously Ratify Strong First Contract

Published

5 days ago

April 2, 2026

GamingAmericas.com

teamsters-at-park-mgm-unanimously-ratify-strong-first-contract

Front desk workers at Park MGM, represented by Teamsters Local 986, have unanimously ratified a strong first collective bargaining agreement. The two-year contract protects and rewards 82 workers, delivering higher wages, improved benefits, and stronger workplace protections.

The bargaining unit includes front desk clerks, head cashiers, rooms controllers, lobby ambassadors, and guest service representatives. They play a critical role in delivering a seamless and welcoming guest experience from check-in to check-out.

“Organizing with Local 986 was an easy choice that led to overwhelmingly positive results. This contract allows me to provide a better future for myself and my family. I’m very grateful for all the support throughout this process,” said Andrea Mata, a front desk clerk and proud member of Local 986.

Under the new agreement, workers will receive a 10% wage increase, improved benefits, and an enhanced pension plan. Workers will now have access to the Teamsters Health and Welfare plan that reduces their deductibles by lowering co-pays and out-of-pocket costs.

“This agreement shows what’s possible when workers come together and organize. Strong contracts are built on solidarity, and this victory delivers real improvements that raise standards across the industry,” said Tommy Blitsch, Director of the Teamsters Convention, Trade Show, and Casino Division.

“These members showed strength and determination from day one and it paid off. Winning a first contract like this is a big milestone that delivers immediate improvements while building lasting power for the future,” said Tim Vera, President of Local 986.

The post Teamsters at Park MGM Unanimously Ratify Strong First Contract appeared first on Americas iGaming & Sports Betting News.

Conferences

Digicode to Showcase Technology Solutions at the Indian Gaming Tradeshow & Convention 2026

Published

1 week ago

March 31, 2026

Wladimir P.

digicode-to-showcase-technology-solutions-at-the-indian-gaming-tradeshow-&-convention-2026

Digicode announced its participation in the Indian Gaming Tradeshow & Convention 2026, taking place March 30 – April 2, 2026, at the San Diego Convention Center. The event is recognized as the largest gathering dedicated to the tribal gaming industry, bringing together tribal leaders, casino executives, regulators, and technology providers to explore the latest developments shaping the sector.

Organized by the Indian Gaming Association, the annual convention serves as a key platform for discussing innovation, regulatory developments, and strategic opportunities across both land-based and digital gaming ecosystems.

“At a time when tribal gaming organizations are increasingly exploring digital transformation and operational modernization, the Indian Gaming Tradeshow & Convention provides an important forum for collaboration,” said Elkhan Shabanov. “We look forward to connecting with industry leaders and sharing how modular technology architectures can help operators scale efficiently, improve operational control, and build platforms designed for long-term growth.”

During the event, Digicode will highlight its Diger Suite, a modular ecosystem of gaming technology solutions designed to help operators modernize infrastructure and reduce reliance on legacy systems. The platform enables gaming organizations to implement flexible, scalable technology stacks that support both current operations and future expansion.

Key solutions within the Diger Suite include:

DigerRGS – A next-generation gaming platform designed for high-throughput performance and full intellectual property ownership.
DigerPAM – A cross-market-ready player account management system that supports scalable user management and regulatory compliance.
DigerPay – A PSP-agnostic payment gateway supporting more than 200 payment methods with integrated real-time fraud protection.
DigerClick – A fully owned affiliate management platform offering customizable tools, campaign management, and performance analytics.
DigerCompanion – An AI-driven assistant designed to support multilingual player engagement, responsible gaming initiatives, and automated compliance workflows.

Digicode experts attending the convention will also share practical insights into how gaming operators can strengthen their technology infrastructure, streamline payment operations, automate player support processes, and maintain greater control over their digital platforms as the industry continues to evolve.

By participating in the Indian Gaming Tradeshow & Convention 2026, Digicode aims to expand its engagement with tribal gaming organizations and technology partners and contribute expertise in platform engineering, payments infrastructure, and AI-driven operational tools.

The post Digicode to Showcase Technology Solutions at the Indian Gaming Tradeshow & Convention 2026 appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.