A FIREBALLING CYNIC MIGHT SUGGEST that until elementary schools have slot machines for ages 6 and up, legalized gambling hasn’t really arrived in Illinois.
Nevertheless, these ambiguous fathers of “adjusted gross revenue” are expanding the scope of sports games in the state this weekend.
The wider boulevards stem from new legislation signed by Governor JB Pritzker in December.
The main inclusions are:
• Speculators can finally bet legally on games involving Illinois colleges and universities. But to do this they have to go to a physical bookmaker and cannot go down via an online application;
• While bettors may hunt team results prior to the start times of games involving Illinois schools, no betting on the performance of individual athletes is permitted;
• Online registration with any of the state’s six sportsbooks is back in play. With the exception of a pandemic-related interlude when all was well, only in-person registrations have been allowed since. the launch of legal sports betting in March 2020.
BOTTOM LINE, NEW RULES should give lucky Illinois merchants a chance to move up the national leaderboard.
According to January figures from Sports Business Journal, Illinois was No. 4 in gross management with about $830 million, behind New York City ($1.6 billion), New Jersey ($1.3 billion billion) and Nevada ($1.1 billion).
The national total was more than $8.3 billion. This number will certainly increase during March Madness.
INSIDE THE LAND O’ WINKIN’, DraftKings – affiliated with Casino Queen in East St. Louis – is the number one operator in the state with a market share of approximately 35%.
No. 2 is Fan Duel at Fairmount Park – another Downstater – with almost 29%
BetRivers/Des Plaines is an ingenious number 3 and also the league leader in onsite betting. But this segment represents less than 3% of the current monthly tote in Illinois.
To complete the privileged sextet, we find: PointsBet (Hawthorne Race Course, Prospect Heights and Crestwood OTB), Barstool (Hollywood Aurora) and Caesars in the background (Elgin, Metropolis and Harrah’s Joliet).
COMING SOON IN FRAME is BetMGM, which is affiliated with Par-A-Dice Casino in East Peoria.
As for the “retained” – the amount won by the casino book after winners have been paid – the house-to-house adjusted gross was 7-12%.
This means that some win, some lose, and all are regularly eaten away by the vigorous.
Now, on to the state-licensed operator side, if only those first-tier slot players could be turned into third-tier sports speculators.
HERE’S A STATE OF DISUNION for MLB owners and complacent lackey Rob Manfred: In a market the size of Chicago, for a commuter attending a Cubs or Sox game, that involves a typical time investment of ‘about six or seven o’clock.
To see about 20 minutes of “action”.
And, they expect you to pay for it.
The game of the new mill is excessively tedious. His most faithful remaining demo is that of the men who interviewed Richard M. Nixon or Wavy Gravy.
And, ever since the onslaught of free agency, as Jerry Seinfeld said of the game, “You’re actually rooting for clothes, when you get to it.”
STREET-BEATIN’: Over the past month, NBC Sports has given America: The lowest-rated Olympics in television history, a bland Super Bowl 56 production and way too much gassy “Vanilla” placeholder Mike” Tirico. This weekend, The Peacock kept the dice cold with a kick-off cover of The Road to the Triple Crown – a “Biography” of Joy Behar would attract more mainstream interest. …
The sneakiest men’s basketball team in the area right now is Tony Stubblefield’s DePaul. If the surprisingly resilient Blue Demons can win their Big East Tournament opener at Madison Square Garden on Wednesday, athletic director DeWayne Peevy will push for an NIT offer. …
There’s no doubt Joe Buck is indeed planning to host his Rotary luncheon at ESPN/ABC. That would mean Kevin Burkhardt has a chance to move on to Fox’s first NFL player and Joe Davis emerges as the network’s No. 1 MLB guy. …
Wilt Chamberlain scored 100 points for the Philadelphia Warriors against New York in Hershey, Penn., 60 years ago this week. Surprisingly, the Knicks did not have a full NYC radio package that season. And “The Big Dipper” reportedly told Angie Dickinson, Eartha Kitt and Lady Bird Johnson that he wanted to be alone on the car ride to Philadelphia. …
And Stephen Colbert, on the news, an unused ticket from Michael Jordan’s regular-season debut with the Bulls fetched $468,000 at auction: “Although $400,000 of that was for Ticketmaster fees.”
• Jim O’Donnell’s Sports & Media column appears Thursday and Sunday. Contact him at [email protected]