Sources: FanDuel in talks to buy Illinois racetrack, gain immediate sports betting access Jill R. Dorson, SportsHandle · March 14, 2020 at 3:30 pm For $20 million, mobile-only sports betting operators can get a license to operate in Illinois. Only three such licenses are up for grabs. At least one company has decided that the money would be better spent on dirt. Multiple sources have confirmed to Sports Handle that growing U.S. sports betting juggernaut FanDuel Group is in talks to purchase the Fairmount Park Racetrack in Collinsville, Ill., in the St. Louis metropolitan area. The reason? It’s a workaround for the application fee and would allow FanDuel, which would otherwise have an 18-month waiting period before it could launch its mobile sportsbook in Illinois, a chance to go live sooner under its own brand name.