Illinois sports betting exceeds $1B in one month

A sports betting revenue report in New York was published, and the state was very successful since the revenue surpassed $3 billion during the last month. The Gaming Commission released the adjusted gross revenue for the week that ended on January 21, and it was more than $47.5 million. Significant milestones: New York and New Jersey are currently…

New Jersey sports betting action came roaring back above the billion-dollar mark in September with the return of NFL and college football. The Garden State broke one record last month and came close to two others. The handle, or amount wagered, on mobile sports betting apps in the state last month came to $1255482930. That broke the record of…

Revenue saw a heavy spike month-over-month in the Buckeye State. Ohio has officially surpassed $4 billion in total legal sports betting handle since going live on January 1, joining New York, New Jersey, Illinois, and Nevada to reach that mark in 2023. The Buckeye State took in $331 million in wagers for July to reach that milestone while gross…

State-by-state sports betting is becoming legalized across the country and billions of dollars are wagered each month. With the decision to legalize up to each state, there is variance in the number of sportsbooks, regulations on online versus in-person betting and differences in the amount of money wagered across states. We compiled data for the…

Arizona has surpassed $10 billion in total sports betting volume in the quickest time of US states that have legalized sportsbooks. The Arizona Department of Gaming reported $535.7 million in sports bets in April of this year. Colorado reported $35.15 million in sports betting revenue this past April. This western state placed seventh in the legal…

Colorado, Ohio and Virginia are three states that have made a huge impact on legal sports betting in the country. The Colorado Division of Gaming recently reported that more than $12.1 billion in total volume has been tallied in the state's third full year of legal betting on sports. April of this year pushed the sport betting handle past $3…

The prohibition of online wagering on college sports will continue in Illinois through July 1, 2024, after the Senate voted to extend the current system Mobile wagering on in-state college sports teams in Illinois will continue to be prohibited, the Land of Lincoln's legislature decided Wednesday. With the current law prohibiting online betting…

Given that February was a shorter month with the Super Bowl being the only major football game, lower numbers were expected. In February, Illinois saw the end of its four-month streak of legal sports betting handles surpassing a billion dollars. According to the Illinois Gaming Board, the state's handle for February was $875.4 million, down 19%…

In the first four years after May 14, 2018 -- which was the day the Supreme Court struck down the Professional and Amateur Sports Protection Act, paving the way for states to legalize sports gambling -- New Jersey was the king of the sports betting take. The Garden State set record numbers until the beginning of 2022, when New York finally got in…

Philadelphia is a 2-point favorite over Kansas City in Sunday's Super Bowl LVII. If you like both offenses to fire on all cylinders despite nagging quarterback injuries, the over (as of Monday afternoon) was 49.5. That's enough football talk from this baseball fan. I'm more of a food/commercials/halftime show guy, but the annual arrival of sports…

The Nevada Gaming Control Board reported sports wagering revenue of $55.2 million for the month of December on Tuesday, with the surge in retail revenue from the final month of the year enough for the state's sportsbook operators to post a fractional year-over-year gain from 2021. Brick-and-mortar sportsbooks accounted for $37.1 million in revenue…

Figures recently reported by the Illinois Gaming Board show the state's retail and online sports betting sites handled $1.03 billion in wagers during October - the first time Illinois has broken the billion-dollar mark in a single month. After getting a big boost in September from the return of football, legal sports betting in the Prairie State…

Figures recently reported by the Illinois Gaming Board show the state's retail and online sports betting sites handled $1.03 billion in wagers during November - the second straight month Illinois has broken the billion-dollar mark in a single month. One month after posting its topping a billion dollars in legal sports betting handle, Illinois…

November's $452.3 million in wagers marks the sixth-highest monthly handle ever in the Hoosier State, which also passed $10 billion in handle since it began legal sports betting in 2019. Photo By - USA TODAY Sports Thanks in part to November basketball in a hoops-centric state, Indiana's legal sports betting handle saw a monthly increase for the…

Illinois sportsbooks have reached another milestone. October marked the first time Illinois sports betting handle surpassed the $1 billion mark in a single month. Illinois is just the fourth state in U.S. history to produce a billion-dollar monthly handle from sports betting, joining New York, New Jersey and Nevada to reach that plateau. In…

Illinois sports bettors have set a new record this fall, as the state reported wagers exceeding $1 billion in one month for the first time in history in October. The $1.03 billion handle - up 24% from September's total - has led to $16.4 million in state and local tax revenues. Lifetime gambling taxes have generated nearly $204 million. In addition…

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. The staggering monthly handle - or total amount of money wagered - cements…

Records fell all over the place in in October as the state marked one year of betting legally on sports, casino games and more. The sports betting handle surpassed $160 million for the first time as football season rolled on with a perfect October combination - five college football Saturdays, five NFL Sundays and five Monday Night Football games.…

The Indiana Gaming Commission reported a record $51.2 million in sports wagering revenue for September on Wednesday, continuing an early trend of reports showing operators routed the betting public for the month. The revenue haul topped the previous mark of $47.7 million set last November, which is the only other occasion that monthly revenue…

The impact of mobile sports betting in New York might be showing in monthly NJ sports betting reports. New Jersey sportsbooks reported $546.8 million in handle for August, down 17.7% from last year. Revenue hit $65.3 million, for $8.3 million paid in taxes, according to the monthly report released Friday. August marked the fourth consecutive month…

The sports betting industry in Illinois has reached a new milestone. The state surpassed $1 billion in gross gaming revenue since it was legalized in March 2020. Illinois joined New Jersey, Nevada and Pennsylvania as the only states to reach the revenue plateau, but was the fastest to do so. While it took Illinois 27 months, New Jersey and Nevada…