Illinois Sports Betting Handle Surges to $878 Million for August

Oct 18, 2024 · The Illinois Gaming Board reported nearly $878 million in traditional sports betting handle for August on Friday as sportsbooks in the Land of Lincoln had a middling …

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Illinois Sports Betting Handle Surges To $878 Million For August

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Oct 18, 2024 · The Illinois Gaming Board reported nearly $878 million in traditional sports betting handle for August on Friday as sportsbooks in the Land of Lincoln had a middling …

actionnetwork.com

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

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Oct 22, 2024 · The Illinois Gaming Board (IGB) reported a monthly handle of $878 million, up 30% from last August, while adjusted revenue of $59.2 million spiked 26% year-over-year.

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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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Sports Betting In Illinois: Handle Reaches $877.8m In August

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Oct 23, 2024 · US.- Illinois’ sports betting handle was $877.8m in August, up 29.8 per cent year-on-year and up 13.5 per cent from July. Players bet $852.9m online and $24.9m at retail …

focusgn.com

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Illinois Reaches More Sports Betting Milestones, But Revenue …

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Oct 13, 2023 · Online sports betting made up 96% of the overall August handle in Illinois. Just like in July, DraftKings led mobile operators with a handle of $241.3 million, but a hold of 6.7% led …

covers.com

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Illinois Sports Betting Sees Handle Rise Despite Revenue Dip In …

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Oct 22, 2024 · Illinois recorded nearly $878M in sports betting handle for August, up 30% year-on-year. Revenue reached $59.2M, reflecting the state's progressive tax system

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Illinois Sports Betting Handle Surges To $878 Million For August

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Oct 2, 2024 · The Illinois Gaming Board reported nearly $878 million in traditional sports betting handle for August on Friday as sportsbooks in the Land of Lincoln had a middling …

cdcgaming.com

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Illinois Sports Betting Skyrockets With $878M Handle In August

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Oct 22, 2024 · In August, Illinois sportsbooks saw a substantial boost in their traditional sports betting handle, reaching nearly $878 million—a 30% increase compared to August 2023 and a …

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Illinois Sports Betting And Casino Revenue Surge In August And …

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Oct 23, 2024 · The state recorded a total sports betting handle of $877.8 million, a 29.8% increase compared to the same period last year. This strong performance reflects Illinois’ …

igaming.org

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Illinois Sports Betting Handle Surges To Nearly $140M In August

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Oct 6, 2020 · The state of Illinois began to flex its sports betting muscles in August, with its six retail sportsbooks and three online platforms generating a combined handle of nearly $140 …

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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 …

cbssports.com

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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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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 Sports Betting Handle Surges to $878 Million for August Coupon?

How much money does Illinois have in sports betting?

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. This is the ninth straight month in which the state has eclipsed that mark. ...

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. ...

Which state has the largest sports betting market?

Illinois is now the second-biggest sports betting market in the United States, surpassing New Jersey. That’s based on figures for August released today by the Illinois Gaming Board. In August, the Prairie State racked up handle of nearly $565 million, $8 million more than New Jersey. ...

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 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. ...

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. ...