Legal sports betting options in Illinois could be expanding to something beyond retail sportsbooks and online sports betting sites.

A proposed amendment this week would provide “exchanged trade wagering” in the Prarie State if House Bill 1405 presented by Rep. Robert Rita can pass. It calls for the Illinois Gaming Board to allow up to two approved exchange trade wagering licenses.

Betting exchanges would allow Illinois sports betting participants to wager against one another instead of just on odds provided by the sportsbook.

These exchanges would be monitored by a “recognized market surveillance technology used in United States financial markets that is capable of identifying wagering activities indicative of problem gambling, money laundering, and other actions detrimental to the integrity of sports wagering,” according to HB 1405.