You may not be familiar with Caliente Interactive, a new casino preparing to launch in the Illinois market.
The Illinois Gaming Board (IGB) denied Fubo Sportsbook’s application for an Illinois sportsbook license at the meeting held on Thursday.
Marcus Fruchter, the superintendent of the IGB, mentioned that another individual who was not identified withdrew their bid for an unlicensed sportsbook.
Fubo, a well-known TV streaming service, enhances the viewing experience by including sportsbooks in Iowa and Arizona. This feature allows users to seamlessly integrate their sports betting account with their TV subscription.
The Illinois Gaming Board (IGB) surprised many by approving Caliente’s proposal as a potential sports betting option for residents of the Prairie State over Fubo. The lack of information available online about Caliente only added to the intrigue surrounding the IGB.
Caliente is in the process of obtaining a full license, and it is expected to be completed soon. In the upcoming weeks, they will be collaborating with IGB to finalize the approval. It appears that Tekkorp, a NASDAQ-listed company, is licensing the Caliente product.
The upcoming sportsbook in Illinois should be aware of the following information before its launch.
Popularity of Caliente & rsquo in Mexico
Caliente Interactive, established in 2014 and based in Tijuana, Mexico, is renowned as the top sportsbook in the country.
Caliente & rsquo’s debut in the US will begin with their entry into Illinois, as they do not currently operate in any other states.
owned by Grupo Caliente
Grupo Caliente, a prominent company that controls gaming, off-track betting, and sports gambling locations in Mexico, Brazil, Ecuador, Austria, Paraguay, Peru, Uruguay, Venezuela, and the Caribbean, serves as the parent company. With roots dating back to 1916, Grupo Caliente has a much lengthier history than its digital branch.
In addition to its gambling operations, Grupo Caliente also oversees other business ventures, including Globalsat, a satellite connection provider based in the United States. The group also owns Estadio Caliente, a versatile facility located in Tijuana that serves as the home stadium for Club Tijuana in Liga MX, Mexico’s top division.
Background of Grupo Caliente
Established in 1916, Grupo Caliente owned the unique Agua Caliente Racetrack, known as Calliente Hipodromo in Tijuana. The track hosted dog and horse racing events starting in 1929.
In 1998, Grupo Caliente expanded its betting offerings by introducing gambling and electronic gaming terminals.
Currently, the entertainment at the racetrack consists solely of greyhound races.
There are two more Illinois certificates accessible.
Fruchter promised to disclose further details about the two extra certificates for new casinos in Illinois at the Thursday meeting.
Fubo Sportsbook now has a chance to gain approval from the IGB.
