Daily Archives: October 19, 2009

Illinois looking to legalize online horse betting

Illinois is known for its diverse gambling venues. Everything from a state lottery to full casino gambling is legal in the state. Now, Illinois is looking to expand its horse betting business to the Internet.  An Illinois news source is reporting of the State’s latest attempt at solving budgetary problems with an expanded gambling plan:

Gambling on horse races on the Internet could become legal for Illinoisans as early as Wednesday.  The Illinois Racing Board is scheduled Tuesday to weigh giving three companies state licenses to handle online bets. If those companies are approved Tuesday, gamblers could use the approved Web sites to wager on horses from the comfort of their own homes as early as Wednesday.

Soon, the approved companies could start advertising, and Brubaker said he hopes the state will step up enforcement on non-licensed Web sites.

Estimates suggest the online betting could bring the state $1.5 million in additional revenue.  Opponents of online horse betting, though, argued letting people gamble online could lead to addiction and other problems.

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