March Sees Record-Breaking Sports Betting Month in Illinois

May 10, 2022  · Illinois set a new record with a handle of nearly a billion dollars in March. Click here to be up to date with the sports betting scene!


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Illinois Sets Record With Nearly $1 Billion In March Sports Betting …

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May 9, 2022  · The previous record for monthly revenue was $78.2 million in November 2021. The win generated $ 9.8 million in state and local taxes. March was the first month of betting …

playillinois.com

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March Madness Helps Illinois Set New All-Time Sports Betting …

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May 11, 2022  · The latest monthly revenue report from the Illinois Gaming Board has revealed that the state’s sportsbooks accepted an all-time record of $971 million in wagers throughout …

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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.

thetelegraph.com

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Understanding Illinois Sports Betting Handle And Revenue

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Mar 28, 2024  · The first legal sports bet was placed in March 2020. Illinois Sports Betting, January vs. December. Total handle Mobile Handle Revenue; January: $1.286B: $1.249B: $135.232M: …

illinoisbet.com

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Illinois Sets New Wagering Record With Nearly $1bn In March Action

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May 10, 2022  · Illinois set a new state wagering record of nearly $1bn in March, with sportsbooks also hitting new revenue highs, buoyed by $278.4m of NCAA Tournament betting and the …

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Illinois Sports Betting Breaks Handle Record In March - Play USA

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May 10, 2022  · Illinois Sportsbooks Continue Dominance, Record Nearly $1 Billion in Handle. The Illinois sports betting market set a new record in March. Sportsbooks combined to net nearly …

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March Is Another Record Month For Sports Betting In Illinois

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May 16, 2023  · (The Center Square) – Sports betting totals continue to set monthly records in Illinois. According to the Illinois Gaming Board, Illinois sportsbooks took in over $1 billion in …

thecentersquare.com

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Illinois Sports Betting Breaks Record With $633M Wagered In …

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May 11, 2021  · The Illinois Gaming Board released the March sports betting numbers on Monday, and it was a record-setting month for the Land of Lincoln. The March total

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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. ... A new law enacted in March allows Illinois ...

illinoispolicy.org

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Illinois Betting Handle Smashes Records Again In March

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May 11, 2021  · Sports wagering revenue in Illinois grew 25.1% month-on-month to $44.3m in March, while handle hit a record high of $627.6m, up 23.1%. FanDuel remained on top in …

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Illinois Sports Betting Breaks Record In March

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February was also a shorter month with fewer sports betting days. The sports betting handle for Illinois in February was $633.6 million, and this was an increase of close to 25 percent …

betting.us

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Illinois Records Massive March Sports Betting Handle

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May 11, 2021  · Sports Betting Numbers in March. In March, Illinois’ total sports betting handle was $633.6 million, which rose 24.3% from the February total of $509.8 million. Basketball …

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Illinois Sportsbooks Have Best Month Ever In March - Alton …

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ALTON — Illinois sportsbooks in March set records for betting and revenue, hitting $600...

thetelegraph.com

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Illinois Sports Betting Breaks Record With $633M Wagered In March

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May 11, 2021  · The Illinois Gaming Board released the March sports betting numbers on Monday, and it was a record-setting month for the Land of Lincoln. The March total

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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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FAQs about March Sees Record-Breaking Sports Betting Month in Illinois Coupon?

How did sports betting perform in Q3 2024?

In Q3 2024, reports show that sports betting revenue continued to rise, with GGR reaching $3.24 billion—a 42.4% year-over-year (YoY) increase—marking a record quarter for the industry. The total handle, or amount wagered, also climbed to $30.33 billion, up 28.8% compared to last year. ...

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. ...

Why has sports betting revenue soared?

Sports betting revenue has surged due to the legalization of sports betting in additional states, the rise of online betting platforms, and the robust sports culture in the U.S. Seasonal events like the Super Bowl and March Madness, among other drivers, further contribute to spikes in sports betting revenue. ...

How many states have not legalized sports betting?

Gambling tax revenues are a big incentive for all states to adopt sports gambling, as it’s been a steady revenue stream for general budgets, public programs, and services. Despite these new budgets across all states with legalized sports betting, there are still 12 US states that have not legalized sports betting. ...

What happened to sports betting in the US?

US sports betting has grown dramatically since May 18th, 2018, when The Professional and Amateur Sports Protection Act (PASPA) was repealed. ...

Is online sports betting legal in the US?

The US sports betting sector has changed. Where it was once limited to Nevada and the casinos of Las Vegas, it’s now legal in 38 states across the US. This includes retail, online sportsbooks, and betting apps, with millions of Americans participating daily. The COVID-19 pandemic also accelerated the growth of online sports betting. ...

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