DraftKings announced through its Wrigley Field-specific Instagram account it started taking retail wagers late Friday early morning subsequent to the iconic ball park on Addison Avenue and Sheffield Avenue on the north aspect of Chicago.

The start for wagering at the 22,000-sq.-foot location did not occur low cost, as the Illinois Gaming Board verified through e mail to Athletics Cope with that DraftKings paid the entire $10 million license charge to the point out company. The IGB will deposit people money into the Rebuild Illinois Fund for infrastructure assignments statewide.

It is the initially this sort of license issued by the IGB, nevertheless FanDuel‘s guardian firm Betfair utilized for just one at the United Middle, and the lounge spot has been open up for much more than a 12 months with no having bets.

DraftKings opened the two-tale venue last summer season with food items and beverage support. Just before DraftKings submitted its software for the sports facility sports betting license, the Chicago Metropolis Council had to approve an ordinance lifting the “home rule” ban for sports activities betting in the city, which it did in December 2021.

A winding highway to Wrigley

The lifting of the “home rule” ban did not appear devoid of some fireworks, though, as the team’s athletics house owners in the city — Tom Ricketts of the Cubs, Rocky Wirtz of the Blackhawks, and Jerry Reinsdorf of the Bulls and White Sox — lined up in favor of the sports activities betting ordinance even though Rush Avenue co-founder Neil Bluhm was towards it, citing a potential drain on downtown on line casino earnings. Bluhm was a person of the finalists for the downtown casino license that at some point went to Bally’s.

The ordinance that did pass instituted a 2% metropolis tax on earnings from all wagers positioned at licensee locations, which also extends to a 5-block radius where by athletics betting is allowed. That implies the overall taxes on altered gross sporting activities betting income for DraftKings at the Wrigley Area site is 19% — 15% to the point out, 2% to Cook dinner County, and 2% to the Town of Chicago.

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Ricketts experienced hoped to open up the venue close to Opening Working day past year and experienced long been the most intense proprietor among the all those wanting this sort of location. He initially attained an settlement with DraftKings to be the team’s “first official and special sports activities betting and day by day fantasy partner” back again in September 2020.





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