Bills are advancing in both New Jersey and Illinois that would allow in-state college sports betting. Both of these states already have sports betting, but currently, in-state college sports betting is banned, and if these bills pass, that ban will end.
The bill that has passed the house in Illinois would only permit bets to be placed on in-state colleges at state retail sportsbooks. But the bill still needs to pass the upper chamber and then be signed by Governor J.B. Pritzker.
Supporters of the bill believe that it will keep tax revenue in the state by allowing these in-state college bets that people would otherwise place in neighboring states. However, those who disapprove of the bill believe it could harm student athletes by putting them at risk of harassment or threats from gamblers. Because of this, legislators are restricting bets to brick-and-mortar sportsbooks.
In New Jersey, the Senate passed a bill that proposes amending the state constitution by having the state’s citizens vote on the amendment in a ballot initiative. Although the governor must still sign the bill. New Jersey is already the second-largest sports betting market in the country. If the ballot initiative passes, New Jersey could pass Nevada to become the largest sports betting market in the country since Nevada already has no restrictions.