All-Time Illinois Sports Betting Revenue Crosses $3 Billion Milestone

Aug 23, 2024  · It became the third state to pass the $3 billion mark in all-time revenue. Illinois sports betting operators reported $81.3 million in revenue from about $848 million in bets (“handle”) for ...


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All-Time Illinois Sports Betting Revenue Crosses $3 Billion Milestone

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Aug 23, 2024  · It became the third state to pass the $3 billion mark in all-time revenue. Illinois sports betting operators reported $81.3 million in revenue from about $848 million in bets (“handle”) for ...

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Illinois Sports Betting Revenue - Monthly And All-Time

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LICENSEEONLINE BRANDHANDLEREVENUECasino Queen East St. LouisDraftKings$12,602,317,256$898,227,783Fairmount ParkFanDuel$11,162,096,881$1,186,160,608Rivers Des PlainesBetRivers$4,672,216,167$378,793,321HawthorneFanatics$2,348,151,404$236,100,620See all 15 rows on www.playillinois.com

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Illinois Sports Betting Year In Review - Covers.com

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6 days ago  · The Illinois sports betting tax rate will increase massively in 2025 based on legislation approved in 2024, from 15% to 20% to 40%, depending on sportsbook revenue.

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All-Time Illinois Sports Betting Revenue Crosses $3 Billion …

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Aug 23, 2024  · In June 2024, Illinois sports betting revenue numbers pushed the Land of Lincoln into an exclusive neighborhood. It became the third state to pass the $3 billion mark in all-time …

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Revenue Plummets In Illinois Despite Record Sports Betting …

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Dec 17, 2024  · Dollars wagered in October surpassed September by over 10% and $40 billion by the state all time. However, October's revenue didn’t match the high volume of betting. Online …

covers.com

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Illinois: Revenue Plummets Despite Record Sports Betting Handle In ...

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Dec 19, 2024  · The Illinois Gaming Board recently reported a monthly handle of $1.45 billion, ahead of the previous high of $1.37 billion set in November 2023. Dollars wagered in October …

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All-Time Illinois Sports Betting Revenue Crosses $3 Billion …

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Aug 25, 2024  · Illinois hit its revenue milestone even though the pace of betting ebbed. Today: December 3, ... All-Time Illinois Sports Betting Revenue Crosses $3 Billion Milestone – …

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In April 2024, Illinois Sportsbooks Generated $92 Million In Revenue

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Jun 14, 2024  · Illinois’ hold was just shy of 10% in 2023, compared to 8.3% in 2024. Additionally, their betting handle dropped by 12.7%. In March, they had a betting handle of $1.26 billion, but …

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Illinois Sports Betting Revenue Hits Record $136.4m In September

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Nov 18, 2024  · Sports betting revenue in Illinois hit an all-time high of $136.4 million in September, while handle fell just short of the state's record. Search the site. ... However, it …

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Illinois Tops $2 Billion In Adjusted Gross Sports Wagering Revenue

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Sep 15, 2023  · The Illinois Gaming Board reported $60.4 million in adjusted gross revenue for sports wagering in July, making Illinois the third state in the post-PASPA era to surpass $2 …

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Illinois Sports Betting Revenue Set All-time Record In October

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Dec 9, 2022  · ROCKFORD, Ill. (WTVO) — More than $1 billion was wagered on sports in the state of Illinois in October, setting a new record for the sports betting industry. Illinois’ take was …

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Illinois’ Historical Sports Betting Handle Hits $25 Billion, Fourth ...

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Oct 26, 2023  · The state saw $7.04 million in sports betting taxes while Cook County collected just shy of $509,000 based on its 2% tax imposed on betting within its borders. The state has …

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Illinois Lawmakers Could Add Internet Gambling To State's Bevy Of ...

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15 hours ago  · Illinois government relied on a record-high $2.1 billion in gaming tax revenue in the fiscal year ending in June, including $158 million from casinos, $190 million from sports …

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Hard Rock Bet Illinois Becomes State's Ninth Sports Betting App

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Aug 27, 2024  · Illinois is one of only three states to pass $3 billion in all-time sports betting revenue. ... of nine Illinois sports betting options in the Prairie State. ... Live as Industry …

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Illinois Sets New Monthly Sports Betting Revenue High - Covers.com

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Nov 18, 2024  · The Illinois Gaming Board reported a September handle of $1.31 billion, up 21.3% year-over-year and 50% month-over-month. Brad Senkiw • News Editor Nov 18, 2024 • 15:28 …

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Illinois Soars To Over $2 Billion In Adjusted Gross Revenue Since ...

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Sep 22, 2023  · Therefore, July’s $60.4 million in adjusted gross revenue on a handle of $611.4 million with a hold of 9.9% as reported by the Illinois Gaming Board was not earth-shattering …

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Illinois Reaches $1 Billion Sports Wagering Revenue Milestone

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Sep 15, 2022  · Illinois became the fourth state to surpass $1 billion in sports wagering operator revenue when Illinois Gaming Board Administrator Marcus Fruchter announced Thursday the …

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Sports Betting Tax Revenue: States, Sportsbooks, And Consumers

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Dec 10, 2024  · Key Findings. Legal sports betting in the U.S. hit an all-time high in 2023 at more than $100 billion wagered. States collected more than $1.8 billion in taxA tax is a mandatory …

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Horse Racing Is Set For A Resurgence, Even As America’s Oldest Track ...

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10 hours ago  · In 2023, the sport added more than $36 billion to the U.S. economy, supporting nearly half a million jobs, according to the American Horse Council. Money Report news 32 …

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FAQs about All-Time Illinois Sports Betting Revenue Crosses $3 Billion Milestone Coupon?

How much money does Illinois sports betting make?

Illinois sports betting generated a record-breaking revenue of $111.6 million in October, marking a 10.4% increase from the previous mark of $102.1 million in October 2022. This is the seventh billion-dollar handle for Illinois sports betting, with operators retaining a 9.7% hold. ...

Does Illinois have a sports betting market?

The Illinois online sports betting market consistently ranks as the second biggest in the United States and we have the numbers to back that up. The Illinois Gaming Board (IGB) releases a thorough sports betting revenue report every month, with each legal sportsbook reporting the following data: Handle: The total amount of money bet by patrons. ...

What is the Illinois Gaming Board's sports betting revenue report?

The Illinois Gaming Board (IGB) releases a thorough sports betting revenue report every month, with each legal sportsbook reporting the following data: Handle: The total amount of money bet by patrons. Revenue: Adjusted gaming revenue (AGR), calculated by subtracting total payouts from handle. ...

What is the Illinois sports betting tax rate?

The Illinois sports betting tax rate, revised in July 2024, works on a graduated scale based on Adjusted Gross Revenue (AGR). Every operator begins the year at the 20% tax rate, and as its AGR totals reach the dollar amount thresholds listed above, its tax rate increases. Below you’ll find all the data for Illinois online sports betting revenue. ...

How much money did the Illinois Gaming Board make in October?

The Illinois Gaming Board generated $112.7 million in adjusted gross sports betting revenue in October, setting a new national all-time single-month record in the post-PASPA era. ...

How much money did New York raise from sports betting?

In fiscal year 2023, New York raised more than $800 million in tax revenue from sports betting, 43.2 percent of nationwide sports betting state tax collections. Table 3 shows the handle, GGR, hold, and tax collections from all states that reported legal sports gaming revenues in fiscal year 2023. ...

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