Illinois Sports Betting Year in Review - Covers.com

6 days ago  · Illinois sports betting has been legal since June 2019, with the first retail sportsbooks opening in March 2020. The COVID-19 pandemic accelerated the online sports betting …


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Growing Illinois Sports Betting Market Is Now Keeping Company …

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Illinois’ sports betting handle in Augustwas $400,359,760, which trailed only New Jersey ($664,675,859) and Nevada ($427,425,369). With the revenue data from August being released this month, the nearly $400.4 million wagered was a 8.5% increase from the state's July handle ($369,134,820). Still, there are nine months where Illinois recorded a larg...

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Illinois Sportsbooks Close August With $879M Betting Handle

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Oct 22, 2024  · Illinois is continuing to showcase its viability as a sports betting market following the state’s latest monthly revenue report.. According to data provided by the Illinois Gaming …

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Illinois Sports Betting Market Still Growing

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Mar 5, 2024  · The Illinois Gaming Board announced in mid-December that the October handle for Illinois sports betting was a state-record $1.17 billion, topping the $1.08 billion figure of the …

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Sports Betting In Illinois: Growing, But Not A Fix-all | WGLT

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Sep 27, 2022  · Mendoza said tax money raised from sports betting – more than $140 million total since March 2020 – is dedicated to infrastructure repair and replacement around the state. …

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Illinois Sports Betting Action Rises 30% Year-Over-Year In August

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Oct 22, 2024  · Online Illinois sports betting accounted for $852.8 million of the state's total wagering during August. DraftKings led all operators with a handle of $328.4 million while also …

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Illinois Sports Betting Continues Upward Trajectory

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Oct 21, 2022  · Illinois sportsbooks saw a 9.4% increase in handle in August as compared to the previous month. That is in line with the state's overall trajectory in the legal sports betting …

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Illinois Passes $1 Billion In Sports Betting Handle For Ninth Straight ...

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Jul 25, 2024  · A look at 2023 as a whole will highlight just how much of a powerhouse Illinois is in the sports betting market. The state brought in $11.6 billion in sports betting handle for the year.

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

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16 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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FAQs about Illinois Sports Betting Year in Review - Covers.com Coupon?

Does Illinois have a $1 billion sports betting handle?

To highlight the achievement, Illinois is just one of five states to ever reach the $1 billion monthly handle milestone. The others include New Jersey, New York, Nevada and Ohio. Illinois reported a sports betting handle of $1,015,279,112 for the month of May. That number is down from $1.1 billion in April. ...

Is Illinois a good place to bet on sports?

The Cubs, White Sox, Bears, Blackhawks and Bulls are all part of the state’s identity. The Midwest loves its sports, and Illinois is a shining example of that. With May’s online sports betting totals reported, Illinois has added yet another month with more than $1 billion in sports betting handle to their ledger. ...

Will Illinois legalize sports betting?

(The Center Square) – Illinois is one of 38 states that have legalized sports betting, and now Congress is getting involved. The U.S. Senate Judiciary Committee held a hearing Tuesday entitled “America’s High-Stakes Bet on Legalized Sports Gambling.” ...

When did Illinois fail to reach $1 billion in sports betting handle?

The last time Illinois failed to reach $1 billion in sports betting handle was back in August of 2023. Of course, we know that was in the heart of the summer, before football returned. As we’ve noted, sports betting takes a bit of a break in the summer months. There is no NFL, college football, college basketball, NBA or NHL to bet on. ...

Will Illinois see a decline in betting handle?

Sports like golf and tennis don’t generate much in terms of betting handle. Illinois is likely to see a decline in betting handle over the next few months, especially with the Cubs and White Sox both not being especially competitive this season. The $1 billion betting handle streak may come to an end in one of the following months. ...

Will Illinois be back to betting billions?

The $1 billion betting handle streak may come to an end in one of the following months. Illinois bettors are excited about the Bears and No. 1 overall pick Caleb Williams for the upcoming NFL season. With a fanbase this passionate, they’re raring to have a good team to root for. They’ll likely be back to betting billions in no time. ...

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