Illinois sees $1 billion in October sports bets - Alton Telegraph

Dec 12, 2022 · Illinois set a record for sports wagers in October, with the monthly total of $1.03 billion topping the state's previous highest monthly total of $971 million in March.

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Illinois Sees $1 Billion In October Sports Bets - Alton Telegraph

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Dec 12, 2022 · Illinois set a record for sports wagers in October, with the monthly total of $1.03 billion topping the state's previous highest monthly total of $971 million in March.

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Illinois Sets Record With More Than $1 Billion Wagered On Sports …

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Dec 9, 2022 · Illinois bettors plunked down more than $1 billion on sports in October, a new record for the state’s young sports betting industry and one of the highest monthly figures …

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Illinois Sports Betting Records Fall In October As State Joins $1B ...

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Dec 8, 2022 · Illinois joined a small group of states to exceed $1 billion in sports betting handle for a month. Only New York, New Jersey and Nevada had done so until now. October’s sports …

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IL Sports Betting Handle Clears $1 Billion For The 1stt Time

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Dec 13, 2022 · Despite being in operation since March of 2020, legal sportsbooks in Illinois broke $1 billion in total dollars accepted on sports betting for the first time in October of this year. …

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Illinois Sets Monthly Highs For Sports Wagering In October

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Dec 15, 2023 · But this October’s 7.7% increase from September’s $1.08 billion was enough to finally get over $1.1 billion for the first time. It is the seventh billion-dollar handle for Illinois …

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Revenue Plummets In Illinois Despite Record Sports Betting …

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Dec 17, 2024 · A monumental sports betting handle in October led to a 24.5% year-over-year increase and a new record for the amount wagered in the Land of Lincoln. The Illinois Gaming …

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Illinois Hits Record Sports Betting Handle In October As Revenue …

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Dec 18, 2024 · Illinois’ sports betting market reached new heights in October, with players wagering a record-breaking $1.45 billion. That’s a 24.5% jump compared to last year and a …

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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 …

mystateline.com

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Illinois: Revenue Plummets Despite Record Sports Betting Handle In …

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Dec 19, 2024 · A monumental sports betting handle in October led to a 24.5% year-over-year increase and a new record for the amount wagered in the Land of Lincoln.The Illinois Gaming …

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Illinois Record Monthly Marks Of $1.16 Billion In Traditional Sports ...

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Dec 15, 2023 · The Illinois Gaming Board reported record monthly marks of $1.16 billion in traditional sports wagering handle and $112.7 million in adjusted gross sports betting revenue …

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Illinois Sports Betting Exceeds $1B In One Month - MyStateline.com

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Dec 12, 2022 · (WTVO) — Illinois gamblers surpassed the $1 billion mark in a single month for the first time since the state legalized sports betting. The milestone occurred in October, …

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

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Jul 25, 2024 · 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 …

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Illinois Sports Betting Surpasses $1.4 Billion In October

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Dec 17, 2024 · Illinois’ sports betting surpassed $1.4 billion in October, growing by 25 per cent to a new high of $1.45 billion. Continue reading Subscribe for full access to Gaming Intelligence …

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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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Congress Exploring Expansion Of Sports Betting In Illinois And

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Illinois is the third largest sports betting state in the country. According to Illinois Gaming Board records, the state’s 11 active sportsbooks raked in just over $1 billion last year, sending ...

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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 …

taxfoundation.org

FAQs about Illinois sees $1 billion in October sports bets - Alton Telegraph 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. ...

How much money does Illinois make from sports betting?

The October handle of nearly $1.03 billion, exceeded the previous Illinois sports betting handle record of some $971 million set in March of 2022. It makes Illinois just the fourth state in history to produce a billion-dollar monthly handle from sports betting. Illinois joins New York, New Jersey and Nevada in 10-figure monthly territory. ...

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. ...

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. ...

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 Illinois casino sportsbooks make in October?

Illinois casino sportsbooks came out ahead for the month of October with more than $102 million in revenue, cementing the state’s status as one of the nation’s most bet-hungry sports markets. The BetRivers Sportsbook in Des Plaines, pictured in March 2020. Illinoisans bet more than $1 billion on sports in October. ...