Revenue Plummets in Illinois Despite Record Sports Betting …

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 Board recently reported a ...


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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 Board recently reported a ...

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Sports Betting Sets New Monthly Record In Illinois

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May 18, 2023  · 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 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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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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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 Monthly Highs For Sports Wagering In October

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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 …

cdcgaming.com

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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 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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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 …

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Illinois Sets New Monthly Sports Betting Handle Record At $867M …

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According to the Illinois Gaming Board’s financial report, which is released every month, Illinois’s monthly handle rose to almost $870 million. This was the first time in the market’s history to …

ilgamblingfun.com

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Illinois Sets New Sports Betting Record In January At $581.5M

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Mar 11, 2021  · Illinois sports betting handle surpasses half a billion dollars. Sports betting fans broke the record set in December with an 18.3% in sports betting activity.Sports betting handle …

legalsportsbetting.com

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Monthly U.S. Sports Betting Handle Clears $7 Billion With Illinois ...

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Dec 8, 2021  · Illinois furthered October’s run of record-smashing with regards to sports betting handle nationwide, entering the top 10 all-time in the post-PASPA era after the Illinois Gaming …

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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 …

suntimes.com

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Global Sports Betting Revenue Statistics - Market Trends

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Highlight: By October 2024, New York has set another record with over $2 billion in annual revenue and a handle surpassing $20 billion. New Jersey. Year Legalized: June 2018; …

rg.org

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Illinois Sets Monthly All-Time Sports Wagering Highs In October

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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 …

gamingcompliancenews.net

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New York Sets New Online Sports Betting Revenue Record

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1 day ago  · Revenue from online and mobile sports wagering in New York reached $231.6 million in November, setting a new monthly record in the process. At the same time, the NY sports …

deadspin.com

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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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AZ Nearly Breaks Monthly Betting Record As Senators Debate Sports ...

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Dec 19, 2024  · A main talking point at the Senate hearing was a new bill called the GRIT Act. If passed, it would set aside 50% of the federal tax dollars raised solely for gambling treatment …

abc15.com

FAQs about Revenue Plummets in Illinois Despite Record Sports Betting … Coupon?

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 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. ...

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. ...

Do sports betting apps work in Illinois?

The sports betting apps that are advertised so ubiquitously across the airwaves and internet currently operate in Illinois only in partnership with a brick-and-mortar casino or racetrack. Opponents note that the state’s sports betting explosion has also resulted in rising gambling addiction. ...

How much money will sports betting make in 2024?

In the six years since the U.S. Supreme Court cleared the way for states to offer sports betting, each successive year has set a record for the amount of money wagered legally. Another new high-water mark of close to $130 billion is expected by the end of 2024. It coincides with what has been a year of reckoning rocked by high-profile scandals. ...

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