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

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 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 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: 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 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 Sets Monthly High In Sports Betting Revenue, Surpasses …

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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 …

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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 Betting - Make Smarter Bets - Covers.com

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Oct 22, 2024 · Sports betting revenue falls in Illinois. Dec 17, 2024 • 2:20 PM ET. Illinois Sets New Monthly Sports Betting Revenue High. Illinois sets new revenue high with $136.4 million …

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Illinois Gambling Revenue Tracker & Market Insights

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This is a new monthly sports betting handle record for Illinois. February 2022 – After collecting $679,374,199 in handle and $35,600,085 in sports betting revenue through February 2022, …

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

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17 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 …

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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 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 Tops Previous Month’s Record Revenue - Covers.com

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Apr 1, 2024 · The Illinois Gaming Board recently reported January figures with revenue of $134.9 million, the highest profits in the state’s 45-month sports betting history. Illinois sportsbook …

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Illinois Reaches More Sports Betting Milestones, But Revenue …

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Oct 13, 2023 · According to the Illinois Gaming Board, the Land of Lincoln saw adjusted gross revenue fall 23.2% from July to $46.9 million in August, as online betting sites and retail …

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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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Kentucky Sports Betting Reaches $300 Million First-Time Handle

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22 hours ago · DraftKings set a Kentucky record with a November $112.4 million handle. The online operator also hauled in $15 million in gross revenue, up nearly $7 million from October, …

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FAQs about Illinois Sets New Monthly Sports Betting Revenue High - Covers.com Coupon?

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. ...

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 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. ...

When did sports betting become legal in Illinois?

Sports betting in Illinois was legalized on March 9, 2020 and later suspended on March 16, 2020. The first online bet was then accepted on June 18, 2020. In December 2022, Illinois generated a total of 82.4 million U.S. dollars in revenue from sports betting, down from the previous month's total of 96.97 million U.S. dollars. ...

How much money will sports betting generate by 2024?

According to a recent report from Statista, the sports betting industry is on track to generate $14.30 billion in revenue by 2024. This figure represents record growth in both gross and total sports betting revenue, highlighting the increasing popularity of gaming and the expansion of legal sports betting markets. ...