Chicago sports betting is legal as Illinois was the second state to legalize sports gambling in 1987, right after Nevada did so. The regulations were implemented in 1989 and legalized bookmaking for any sport in certain establishments partnered with racing commissioners. If you’re not familiar with the world of gambling, laws regarding where and how you can place bets vary by state. Betting on Chicago sports is just one part of an overwhelming subject that takes more detail than can be given here.
The state of Illinois legalized bookmaking for sporting events in 1989. This was a result of the Illinois Horse Racing Act, which led to standards and regulations on wagering for horse racing by licensed commissioners. After this act passed, it was only natural that lawmakers would expand their efforts into other types of wagering. With an interest in bringing revenue back into the state, more land-based casinos were awarded licenses, allowing them to establish gaming houses throughout the city of Chicago. The first such license was issued in 1977 to Harrah’s Casino, now known as Caesars Casino Joliet.
If you’re going to bet on Chicago sports online or off-line, you’ll first want to take a look at the upcoming schedule of games. Chicago sport betting is both exciting and competitive, with many teams having loyal followings throughout the city. If you’re trying to find good places for online bets on Chicago sports, try out BonusCodePoker and see what they have to offer as far as odds are concerned!
In years past, there were very few choices in terms of who offered sports betting products. In other words, if you wanted to place wagers on various sporting events, you had limited options when it came to selecting which company would provide these betting products. Today, this has changed drastically due to the federal ban that was placed on all forms of gambling in 1992. Because of this ban, an estimated $100 billion in gambling transactions were never processed.