CHICAGO -- The South Carolina Gamecocks are the new women's college basketball champions. Purdue and UConn will face off for the Men's NCAA Championship on Monday. Billions of dollars have already been wagered this college basketball post-season. The American Gaming Association estimates $2.72 billion will be wagered during March Madness. That's nearly twice the amount of this year's Super Bowl. 'It's kind of fun.
Illinois has introduced a bill to legalize online gaming, but it has not gained much traction. 'It's certainly an area that could bring new revenue to Illinois,' Ifrah said. 'We are talking tax revenues in the hundreds of millions of dollars.' He said some land-based casino operators are concerned about lost revenue if people aren't actually playing in traditional casinos. A study Ifrah commissioned debunked that theory.