HomeIllinois Sports Betting NewsBetway Gets Regulatory Approval to Operate in Illinois

Betway Gets Regulatory Approval to Operate in Illinois

Betway has received regulatory approval from the Illinois Gaming Board to commence accepting wagers in Illinois, marking its entry into a growing market of sportsbook companies operating legally in the state.

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Betway is a reputable online gambling company with a global presence and is licensed and regulated in several US states and international jurisdictions such as the UK, Malta, and Gibraltar.

The internationally known company offers a wide range of gambling products, including sports betting, casino games, and poker. 

The state of Illinois has become a thriving sports betting hub, having generated over $23 billion in sports betting since sports betting was legalized in 2019. Betway’s entry into the market will give bettors another online Illinois sportsbook to enjoy while benefiting the state itself.

Some additional details about the Illinois Gaming Board Approval:

  • The IGB granted Betway approval for a sports wagering operator’s license on Monday, July 31.
  • Kambi, a B2B software provider, is responsible for the front-end technology and will manage all aspects of the sports betting side of the company.
  • Betway’s sportsbook isn’t tethered to anyone in Illinois and could accept wagers in the Prairie State as soon as January 2024.

Some of the benefits of Betway Sportsbook in Illinois:

  • Large Variety of Betting Options: Betway offers a wide range of betting options, including pregame and in-game betting, with a vast catalog of prop bets.
  • Competitive Odds: Betway offers some of the most competitive odds in the US and might force more prominent sportsbooks to rethink how they price their various betting markets.
  • User-friendly Interface: Betway’s sportsbook has one of the most bettor-friendly apps in the sports betting business.
  • Secure and Reliable: Betway is internationally recognized as an honest and trustworthy sportsbook.

Conclusion

The IGB granting approval for Betway sportsbook to operate in Illinois should benefit the Prairie State and its sports bettors. Another sportsbook in Illinois with good betting odds, a solid reputation, and a large variety of betting markets, including in-game wagering, can only be a good thing for fans of sports betting in Illinois.