Illinois Sets Monthly High in Sports Betting Revenue, Surpasses …

Feb 9, 2024 · According to the Illinois Gaming Board, sports betting operators combined to generate $1.3 billion in wagers, down 4.5% from November, with record profits of $128.4 million, up 76.6% month-over ...

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Illinois Sets Monthly High In Sports Betting Revenue, Surpasses …

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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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Revenue Plummets In Illinois Despite Record Sports Betting …

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Dec 17, 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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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 Sets New Monthly Sports Betting Revenue High - Covers.com

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Nov 18, 2024 · Illinois Sets New Monthly Sports Betting Revenue High The Illinois Gaming Board reported a September handle of $1.31 billion, up 21.3% year-over-year and 50% month-over …

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Illinois Sports Betting: Monthly Handle Surpasses $1 Billion In …

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Dec 8, 2022 · 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 …

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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 Tops $1B, Ranks 3rd In Nation

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Jan 9, 2023 · October 2022 set a record high for sports betting in Illinois: over $1 billion in wagers, which was the third-highest state tally in the U.S. Sports betting in Illinois saw over $1 billion in ...

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Sports Betting Sets New Monthly Record In Illinois

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Illinois sportsbooks took in more than $1 billion in bets in March, beating the previous high set in January by $2 million.

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Illinois Sees $1 Billion In October Sports Bets

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Dec 13, 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 Lawmakers Could Add Internet Gambling To State's Bevy Of ...

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1 day 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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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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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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Illinois Achieves Record-Breaking $60 Million In Sports Betting …

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Sep 15, 2023 · The Illinois Gaming Board reported a monthly handle of $611.4 million and adjusted gross revenue of $60.4 million to surpass $2 billion in profits since sports betting went …

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Illinois Sports Betting Year In Review - Covers.com

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3 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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FAQs about Illinois Sets Monthly High in Sports Betting Revenue, Surpasses … Coupon?

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. ...

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. ...

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. ...

Does Illinois have a lifetime sports betting handle?

In January, Illinois jumped over Pennsylvania into third place in lifetime sports betting handle with over $19.7 billion bet on sports. Illinois will surpass the $20 billion mark when February numbers are released. Illinois’ January numbers also pushed the total, lifetime sports betting handle in the United States over $200 billion. ...

How much do Illinoisans bet on sports in October?

Illinoisans bet more than $1 billion on sports in October. 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 recorded anywhere in the U.S. since the industry was legalized, gambling regulators announced Thursday. ...

How much money did Illinois sportsbooks make in January?

Illinois sportsbooks set a record for handle in January and topped $1 billion for the fourth straight month. The numbers were released today by the Illinois Gaming Board. More than $1.07 billion was bet through IL sports betting apps in January. ...