'Launching the industry is obviously a momentous first step. '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.,' lead analyst Dustin Gouker said. In addition, Illinois could generate $650 million in gross revenue. The state passed legislation to legalize sports betting in June 2019.Īccording to a press release from, the state could generate between $9 and $11 billion in wagers on an annual basis. BetRivers Sportsbook at the Rivers Casino in Des Plaines took the first wager. As of Monday, gamblers in Illinois can legally gamble at a sportsbook.
