Casino industry analyst Christopher Altruda doesn’t see a clear path for iGaming legalization
Efforts to legalize online casinos in Illinois are facing significant resistance, making the chances of approval unlikely. Lawmakers have introduced two bills—House Bill 3080 and Senate Bill 1963—in an attempt to regulate internet gambling, but opposition from key industry groups and regulatory concerns are proving to be major hurdles.
The proposed legislation, sponsored by Rep. Edgar González, Jr. and Sen. Cristina Castro, mirrors previous attempts that have failed to gain traction in the state legislature. The bill includes a 25% tax rate on adjusted online gaming revenue, with supporters arguing that Illinois could generate an additional $1 billion in tax revenue each year.
If passed, the law would legalize online slots, table games, and live dealer games. However, opposition from the Illinois Gaming Machine Operators Association and concerns from the Illinois Gaming Board suggest the measure is unlikely to move forward.
One major factor complicating the bill’s chances is Illinois’ existing gambling landscape. The Prairie State has over 40,000 video gaming machines spread across bars, gas stations, and supermarkets, more than any other state. Many businesses depend on revenue from these machines, and industry representatives fear that legalizing online casinos could take away customers, leading to job losses and business closures.
A spokesman for the Illinois Licensed Beverage Association recently warned lawmakers that approving online gambling could harm bars and restaurants that rely on in-person gaming.
Casino industry analyst Christopher Altruda believes the legislation is facing a steep uphill battle. He points out that regulators are still managing the state’s recent gambling expansions, including new brick-and-mortar casinos and online sports betting. With the bills currently stalled in committee, Illinois lawmakers may have to wait before online casino gaming becomes a realistic possibility.