Expanding Horizons: Bet365 Joins Illinois Sportsbooks
Bet365 has officially secured its license to operate in Illinois, marking the state as its 12th U.S. market. Partnering with Walker’s Bluff Casino Resort, bet365 will introduce retail and online sports betting, subject to final regulatory clearances. This strategic expansion highlights the brand’s dedication to growing its footprint in the competitive U.S. sports betting industry.
A Growing Market Amid Tax Hikes
Despite Illinois’ implementation of a progressive sports betting tax rate, which ranges from 20% to 40% based on revenue, the state continues to attract major operators. Bet365’s entry signals confidence in the market’s long-term potential and offers Illinois bettors another premium option in time for key sporting events.
Bet365’s Strategic Partnership
By teaming up with Walker’s Bluff Casino Resort, bet365 reinforces its strategy of partnering with established local entities. This collaboration ensures a seamless integration into the Illinois market, delivering both reliability and a localized experience for users.
Implications for the Industry
vBet365’s move into Illinois underscores the resilience of the sports betting industry, even in the face of rising operational costs. This expansion fosters healthy competition, paving the way for improved offerings and enhanced experiences for bettors.
