Circa Sports is entering Illinois with a new retail sportsbook and mobile betting. (AP Photo\/John Locher, File) <\/p>\n
Circa Sports is expanding its national footprint with a new retail sportsbook in Illinois as part of a deal with Full House Resorts.Circa will also provide mobile sports betting in Illinois subject to customary regulatory approvals.<\/p>\n
Circa, a respected market-making sportsbook based in Las Vegas, currently operates in Nevada, Colorado, and Iowa. The Derek Stevens-owned book is known for catering to all bettors, including sharps, with wagering limits that apply to all its customers. <\/p>\n
Circa Sports and Full House Resorts agreed on an eight-year deal with two four-year extension opportunities at Circas option. Full House received a market access fee of $5 million this month, and will receive at least $5 million per year in revenue sharing after Circa starts offering mobile sports betting in Illinois.<\/p>\n
The new casino and sportsbook, American Place, will be located in Waukegan, a northern suburb of Chicago. It is expected to be completed within three years. Until then, The Temporary by American Place will serve as an interim casino facility starting this fall.<\/p>\n
For anyone who has seen that beautiful three-story sportsbook at Circa in downtown Las Vegas, Im looking forward to having the best sportsbook in the Midwest, said Dan Lee, CEO of Full House Resorts in a call with investors on Monday.<\/p>\n
American Place will be Circas first retail sportsbook outside of Nevada, the Las Vegas Review-Jornal noted. Lee added the partnership with Circa Sports comes on the heels of Circas success in Las Vegas.<\/p>\n
They are the most successful new casino to have opened in Las Vegas since (The) Wynn opened in 2004 and theres been a number of failures (since then), he said. But they focused on sports betting more than anyone else. Its all over the place, its out by their pool (the Vegas-famous Stadium Swim), its in their casino, and it works. Theyre a private company and they do it really better than anybody else, so were pretty happy to be partnering with them.<\/p>\n
Also read: Circas Chris Bennett Talks Limits, Linemaking And More | Tijuana-based Caliente Enters Illinois<\/p>\n
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Circa Coming To Illinois With New Sportsbook And Mobile Sports Betting - Gaming Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Circa Sports is entering Illinois with a new retail sportsbook and mobile betting. (AP Photo\/John Locher, File) Circa Sports is expanding its national footprint with a new retail sportsbook in Illinois as part of a deal with Full House Resorts.Circa will also provide mobile sports betting in Illinois subject to customary regulatory approvals. Circa, a respected market-making sportsbook based in Las Vegas, currently operates in Nevada, Colorado, and Iowa Continue reading