FanDuel and DraftKings receive Illinois betting permits
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Both DraftKings and FanDuel have received temporary sports betting permits allowing them to operate in Illinois, allowing both to launch in the state when their land-based partners receive master licences.
Both operators received management service provider permits last week, allowing them to operate a sportsbook on behalf of a land-based licence holder.
The state’s sports betting rules included a “bad actor” clause which prohibited companies who had offered previously betting or daily fantasy sports – which was offered by both DraftKings and FanDuel – in the state from receiving a master betting licence for 18 months.
However, by entering into partnerships with a land-based operator, the betting giants may enter the state without obtaining a master licence of their own, provided their partner holds such a licence.
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