Tag: illinois
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College Football Coach Calls Sports Betting ‘Scary,’ ‘Predatory’
Northwestern football coach David Braun called the U.S. sports gambling industry “scary” and “predatory.” Braun coaches in Illinois, one of the nation’s largest sports gambling markets. He did not explicitly advocate for regulation. Braun made the comments at a press conference, and Daily Northwestern sports reporter Kamran Nia posted the clip online. Braun’s Full Quote…
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‘Landmark’ Lawyer Survey Shows Disturbing Gambling Habits
A survey of gambling behavior among Illinois lawyers and judges shows high rates of problem gambling, though self-reported behavior doesn’t fully pull back the curtain on addiction. The Illinois Lawyers’ Assistance Program (LAP) published what it described as a “landmark study based on robust quantitative and qualitative data from a comprehensive survey completed by over…
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Illinois Codifies ‘Gambling Disorder’ As Players Lose $7.7B A Year
People in Illinois lost at least $7.7 billion on gambling in 2025, and the state has now officially recognized gambling addiction as a public health issue. On July 24, Gov. JB Pritzker signed Senate Bill 2749, incorporating “gambling disorder” throughout the state’s Substance Use Disorder Act. The change expands and clarifies how Illinois can respond…
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Sports Gambling’s S&P 500-Like Product Is Coming
A new and potentially financially harmful sports gambling product would allow fans to trade their teams’ performance in a way that resembles buying and selling stock-index futures. CME Group and FutureSports, two Chicago companies, announced the product in a press release on July 29. They said the launch is pending federal regulatory review. The companies…
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Feds Sue Illinois To Protect Trump-Backed Sports Gambling
The Commodity Futures Trading Commission has sued Illinois in a major new escalation of the fight over prediction markets, a controversial form of online sports betting available nearly nationwide. The federal government claims that the state has no right to police federally regulated event-contract platforms as illegal gambling. Illinois sanctions traditional house-banked sports gambling. The…
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