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Report
Illinois Boosts Compliance and Consumer Protections
SportsGrid
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9/26/2024
Category
🥇
Sports
Transcript
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00:00
All right, let's head over to Illinois as we close it out, Pat, and discuss some of
00:09
these, again, compliance rules, the state, as you said, bumping up tax rates, also bumping
00:14
up their protection for consumers in terms of making sure that the advertising is portrayed
00:22
in the right way.
00:23
I guess that's the best way I can put it.
00:25
Yeah.
00:26
That's a great point.
00:27
Illinois has been pretty active in their tweaks of their sports betting industry.
00:31
Of course, the tax rates, they had some interesting in-person registration requirements when they
00:36
first opened, and now it's all mobile, of course.
00:38
But yeah, now they're upping their advertising regulations.
00:42
They really are limiting, they prohibit the use of free and free bet and free of risk
00:47
wagering, the likes, which we've seen more and more states doing, and the American Gaming
00:51
Association putting in their code of advertising.
00:55
You're really seeing less and less and less, if any, of those kind of advertisements offering
01:02
free whatevers.
01:04
They also are trying to cut down on anything kind of targeting college age or underage
01:10
people, so nothing on college campuses or college media.
01:15
They said no sports book ads in, say, the campus newspaper, things like that.
01:20
Yeah, that's something we've seen more and more over the last year.
01:24
I remember, I think, what, two years ago, we had the Michigan State, my Spartans partnering
01:29
with Caesars, and Colorado partnering with PointsBet, and of course, those all kind of
01:33
fell apart because of pushback in the industry and saying, these are iffy around these underage
01:39
populations.
01:40
So, more and more states just saying, let's get these advertising regulations in place,
01:45
make sure everything's up and increasing our responsible gambling awareness and practices
01:52
versus just kind of free for all.
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