March Madness tipped off this week with a record $2.72 billion expected to be legally wagered on the NCAA men’s and women’s basketball tournaments, according to the American Gaming Association.
A lot of that money will be wagered in Illinois, the third-largest sports betting market in the U.S. None of that money, however, will run through Bally’s Chicago, the city’s first casino, which has yet to open its promised sportsbook.
Earlier this month, Bally’s Chicago pulled down its sportsbook signage from a designated location on the third floor of the temporary casino at Medinah Temple, with no timetable for its launch.
