PointsBet receives operating permit in Illinois

PointsBet receives operating permit in Illinois 1
This  approval  allows  PointsBet  to  commence  retail  and  online  sports  betting  operations  in  Illinois, subject to the Company’s partner, Hawthorne Race Course Inc. (HRC), receiving a Master Sports Wagering Licence.

MELBOURNE:  PointsBet  Holdings Limited  announced  that  its  wholly  owned  subsidiary,  PointsBet  Illinois,  LLC has been  issued  a  Temporary  Operating  Permit  by  the  Illinois  Gaming Board (IGB).

This  approval  allows  PointsBet  to  commence  retail  and  online  sports  betting  operations  in  Illinois, subject to the Company’s partner, Hawthorne Race Course Inc. (HRC), receiving a Master Sports Wagering Licence.

On 28 June 2019, the Governor of Illinois signed sports betting legislation into law. Since then PointsBet  and  HRC  have  been  working  in  tandem  towards  building  a  world-class,  multi-faceted sports entertainment venue centrally located at the Hawthorne Race Course, together with several off track betting outlets throughout the Greater Chicago Area.

PointsBet  is  a  corporate  bookmaker  with  operations  in  Australia  and  the  United  States.  PointsBet has developed a scalable cloud-based wagering Platform through which it offers its Clients innovative sports and racing wagering products. PointsBet’s product offering includes Fixed Odds Sports, Fixed Odds Racing and PointsBetting. PointsBet aims to provide more markets on the major sports than any other bookmaker.

Founded in 1891, Hawthorne Race Course is the oldest sporting venue in Illinois for America’s original sport: horseracing.   For  more  than  a  century,  the  4th  generation  family-owned  and  operated  business  has  hosted  racing  on  the  outskirts  of  the  City  at  “Chicago’s  hometown  track,”  which  features  traditional  dirt  racing  and  the  2nd  longest  homestretch  in  North  America.  Currently, Hawthorne is the only racecourse in the nation to host both Thoroughbred (Spring,  Fall,  Winter)  and  Standardbred  racing  (Summer),  and  operates  Illinois’  largest  network of off-track betting parlors.

Leave a Reply

Your email address will not be published. Required fields are marked *