• Loading stock data...
Thursday, February 20, 2025

Chicago Close to In-Person Betting at Pro Stadiums

  • Chicago is close to allowing in-person sports betting at professional sports stadiums.
  • An ordinance has been approved by the City Council Joint Committee on Licensing and Zoning.
Chicago-Stadium-Betting
Kamil Krzaczynski-USA TODAY Sports/Design: Alex Brooks

Chicago is close to allowing in-person sports betting at professional sports stadiums — with help from some of the city’s most notable sports figures. 

An ordinance with support from Cubs chairman Tom Ricketts, Blackhawks owner Rocky Wirtz, and White Sox and Bulls owner Jerry Reinsdorf has been approved by Chicago’s City Council Joint Committee on Licensing and Zoning.

Despite the approval, integrating in-person sports betting at venues has faced criticism due to concerns of the viability of Chicago-based casinos amid increased competition.

Soldier Field Plans

Chicago’s willingness to implement in-person sports betting at professional sports venues has also impacted the Chicago Bears and the team’s desire to build a new stadium. 

  • The Bears, who have called Soldier Field home since 1971, signed a purchase agreement in September for the Arlington International Racecourse property in a deal valued at $197.2 million
  • The benefits of the Arlington site include an option to have an enclosed stadium and a sports betting lounge. 
  • Bears president Ted Phillips stated that the Chicago Park District has refused “to engage in good-faith discussions” about integrating sports betting opportunities at Soldier Field.

Illinois, which requires in-person registration to wager on sports, has reported $556 million in sports betting revenue with a total handle of $7.3 billion since March 2020 — when it became legalized in the state.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 5, 2025; Green Bay, Wisconsin, USA; Green Bay Packers tight end Tucker Kraft (85) rushes with the football after catching a pass during the first quarter against the Chicago Bears at Lambeau Field.

Bears Raise Season-Ticket Prices 10% After Five-Win Season

The Bears went 5–12, then raised prices for the second straight year.
Jun 13, 2018; Moscow, Russia; A general view of a beer stand inside of Luschniki Stadium one day prior to the start of the FIFA World Cup 2018.

Saudi Arabia Says No Alcohol at 2034 World Cup

Saudi Arabia won’t allow alcohol anywhere during the 2034 World Cup.
U.S. Soccer Federation president Carlos Cordeiro (left) and Sunil Gulati (center) and MLS commissioner Don Garber (right) pose for a photo.

Billionaire Who Chaired NASL Admits He Used Burner Account to Attack MLS,..

Rocco Commisso, the Mediacom founder, compared the MLS commissioner to Harvey Weinstein.
Ben Johnson

Bears Beat Out Tom Brady’s Raiders For Ben Johnson

Now the NFL coaching carousel is going to start spinning.

Featured Today

Feb 15, 2025; Montreal, Quebec, CAN; [Imagn Images direct customers only] Team United States forward Matthew Tkachuk (19) and Team Canada forward brandon Hagel (38) fight in the first period during a 4 Nations Face-Off ice hockey game at the Bell Centre.

Inside the Push for the NHL’s Next Era of International Competition

Players have been clamoring, and the league is all in.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
Feb 18, 2024; Indianapolis, Indiana, USA; Eastern Conference guard Damian Lillard (0) of the Milwaukee Bucks reacts after a play during the second half of the 73rd NBA All Star game at Gainbridge Fieldhouse.
February 15, 2025

The NBA’s Latest Attempt To Solve the All-Star Game Conundrum

A new mini-tournament on a lame-duck network may not solve the problem.
Jan 9, 2025; Pittsburgh, Pennsylvania, USA; Edmonton Oilers center Connor McDavid (97) checks Pittsburgh Penguins center Sidney Crosby (87) during the third period at PPG Paints Arena
February 11, 2025

‘Important’ 4 Nations Face-Off Can Be NHL’s All-Star Antidote

“The stars have been lobbying the league for an event like this.”
Jon Batiste

Sportsbooks Split on Hotly Disputed Super Bowl National Anthem Prop Bet

FanDuel and DraftKings split on the national anthem duration.
Josh Allen
February 6, 2025

Polymarket Whale Made Huge Late Bets On Josh Allen Winning NFL MVP

Allen’s odds skyrocketed from the 50s to over 90% on Thursday afternoon.
Andy Reid
February 9, 2025

Sportsbooks Call for Tighter Regulations on Prediction Markets

Sports betting and sports event contracts are treated differently—for now.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Feb 5, 2025; New Orleans, LA, USA; Kansas City Chiefs and Philadelphia Eagles helmets at the Caesars Superdome prior to Super Bowl LIX.
February 6, 2025

Amid ‘Record’ Super Bowl Betting, Market’s Two Largest Forces Still Reign

FanDuel and DraftKings still dominate the ever-expanding space.
Aug 22, 2023; Houston, Texas, USA; Boston Red Sox manager Alex Cora (13) talks with home plate umpire Pat Hoberg as Houston Astros starting pitcher Justin Verlander (35) adjusts his PitchCom device during the second inning at Minute Maid Park.
February 3, 2025

MLB Fires Umpire Pat Hoberg: Third Gambling Scandal in Under a Year

The league terminates the umpire for failing to uphold the game’s integrity.
Jan 26, 2025; Philadelphia, PA, USA; Philadelphia Eagles quarterback Jalen Hurts (1) walks off the field after winning the NFC Championship game against the Washington Commanders at Lincoln Financial Field.
February 3, 2025

Robinhood Suspends Rollout of Super Bowl Betting After CFTC Request

Robinhood has suspended trading of event contracts on the Super Bowl.
Terry Rozier
January 30, 2025

Feds Investigating Terry Rozier for NBA Point Shaving

Rozier is eyed in the same investigation that snagged Jontay Porter.