July 23, 2020

DraftKings and FanDuel granted Illinois betting permits

DraftKings and FanDuel granted Illinois betting permits

FanDuel and DraftKings were both granted temporary sports betting permits which allows them to operate in Illinois. Both operators will be able to launch in the state where their land-based partners receive master licenses.

Both operators were given management service provider permits last week, which allowed them to operate a sportsbook on behalf of a land-based license holder.

Illinois’ sports betting rules includes a “bad actor” clause which prohibits companies who had previously offered betting or daily fantasy sports—which was offered by both operators—in the state from receiving a master betting license for 18 months.

But by entering into partnerships with a land-based operator, the two betting giants may enter the state without having to obtain a master license of their own, so long as their partner holds such a license.

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