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Illinois sports betting: Monthly handle surpasses $1 billion in October

Summarized by: Live Sports Direct
 

Illinois sports betting monthly handle surpassed $1 billion in October. The state's 12 sportsbooks earned $102 million in that month. Football was the most popular sport to bet on, followed by basketball and tennis. Sports betting was legalized in Illinois in 2019. It has generated almost $17 billion since then and almost £190 million for the state. There are plans to build new sportsbook for Chicago's major stadiums. Online sportsbetting is not allowed in the State. Calls to the gambling addiction hotline more than doubled over the first year the industry was live in

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American Gaming Association: Legal sports betting hits record revenue in 2023

American Gaming Association: Legal sports betting hits record revenue in 2023

While spending on legal sports betting reached new heights in 2023, the rate of growth could slow this year in the absence of new states adopting the practice. Americans wagered a record $119.84 billion on sports betting in 2023, up 27.5% from 2022, according to the American Gaming Association's Commercial Gaming Revenue Tracker. Those bets…
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Year in Review: Sports Betting in New York in 2023

Year in Review: Sports Betting in New York in 2023

One of the top gaming markets in the world recorded a number of wins in 2023, including becoming the first U.S. state to record a monthly handle of $2 billion. America's largest online gaming market is nearing the end of its most successful year. New York, which authorized online sports betting last year, is finishing 2023 as one of the top gaming…
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Nevada Sportsbooks Surpass $2 Billion In Post-PASPA Revenue

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Nevada has become the fifth state in the post-PASPA era to surpass $2 billion in sports wagering adjusted gross revenue, with the state's Gaming Control Board reporting Thursday that operators claimed $68.1 million in winnings in October. Nevada sportsbooks have claimed billions more since accepting their first bets back in 1975, but the state…
NHL
Futures Payouts Put Drag On July Sportsbook Revenue In Nevada

Futures Payouts Put Drag On July Sportsbook Revenue In Nevada

Winning futures tickets put a notable dent in Nevada sportsbook revenue for July, as the state's gaming control board reported $25.3 million in adjusted gross winnings for the month. Overall, the house paid out $3.6 million above the combined $39.2 million handle from football, basketball, and hockey bettors in the Silver State. Payouts in…
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Which states have the most online sportsbooks?

Which states have the most online sportsbooks?

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…
NFL
Illinois gets one bidder for online-only sports betting licenses

Illinois gets one bidder for online-only sports betting licenses

After striking out last year, Illinois has come up with one bidder in its second try to award three online-only sports betting licenses. The Illinois Gaming Board announced Thursday that DGC IL, a subsidiary of Las Vegas-based Digital Gaming Corp., is the only qualified applicant for the online sportsbook license, which unlike other operators in…
Horse Racing
Three Western States are in the Top 10 for Legal Sports Betting

Three Western States are in the Top 10 for Legal Sports Betting

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…
NHL
Colorado, Ohio and Virginia Highlight Legal Sports Betting in the US Market

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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…
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Billion-Dollar Sports Betting Handle Streak Ends for Illinois in February

Billion-Dollar Sports Betting Handle Streak Ends for Illinois in February

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%…
NFL
NH ranks 8th in nation for sports betting per capita

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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…
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Illinois Sets State Record, Joins Billion-Dollar Sports Betting Club

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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…
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Michigan online gambling operators report revenue up 41% for 2022

Michigan online gambling operators report revenue up 41% for 2022

The state's online gambling operators brought in nearly $2 billion in revenue in 2022, up 41% from the previous year, the Michigan Gaming Control Board reported Monday. The results include both commercial and tribal operators. Internet casino games generated $1.58 billion in total gross receipts, while online sports betting brought in just shy of…
College Football
Nevada Sports Betting Sets Record With $8.7 Billion Handle In 2022

Nevada Sports Betting Sets Record With $8.7 Billion Handle In 2022

Sports wagering produced some interesting results for Nevada sportsbooks in December, and overall, the Nevada gaming industry continued to flex its muscles. The betting handle on sporting events was down compared to both November 2022 and compared to the same month in the previous year, revenues skyrocketed. But for all of 2022, total sports…
MLB
Connecticut Exceeds $1 Billion in Casino Revenue; Sports Betting Dips

Connecticut Exceeds $1 Billion in Casino Revenue; Sports Betting Dips

The first full year for ended in record fashion. Connecticut saw a month-to-month increase in online casino handle and revenue for December, setting a new landmark and surpassing $1 billion in a month for the first time. Meanwhile, there were slight declines across-the-board month-to-month in sports wagering in the state. For December, online…
MLB
Illinois Posts Another Billion-Dollar Legal Sports Betting Handle Month

Illinois Posts Another Billion-Dollar Legal Sports Betting Handle Month

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…
NBA
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MLB
Nevada Sportsbooks Held To $37.7 Million Revenue In November

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The Nevada Gaming Control Board reported nearly $37.7 million in operator sports wagering revenue for November on Thursday, with the house failing to post a 5% hold for the ninth time in 2022. Handle did tick 0.7% higher compared to October, reaching close to $927.9 million, but revenue comparisons for both month-over-month and year-over-year…
MLB
Louisiana Hit Hard by ‘Mattress Mack’ World Series Bets in November

Louisiana Hit Hard by ‘Mattress Mack’ World Series Bets in November

According to the Louisiana State Police figures, the state's mobile sportsbooks took a Mack-driven $27.6-million loss in November, compared to nearly $26 million in net proceeds during October. The latest monthly numbers for sports betting in Louisiana were dealt a big blow by the massive wagers made in the state by the notorious "Mattress…
MLB
Illinois sets a new record for sports gambling in October

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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…
NFL
Illinois posts $1 billion in sports wagers during October

Illinois posts $1 billion in sports wagers during October

ALTON - 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. "Betting on the NFL and the opening of both the NBA and NHL regular seasons were major catalysts behind the record month," said Dave Briggs ot PlayIllinois.com. "It makes…
NFL
Illinois sports betting: Monthly handle surpasses $1 billion in October

Illinois sports betting: Monthly handle surpasses $1 billion 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. The staggering monthly handle - or total amount of money wagered - cements…
NBA
Michigan’s Sports Betting Revenue Rises Again in October

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The Michigan Gaming Control Board reported that the state's retail and online sportsbooks handled $504.3 million in bets during October, with FanDuel overtaking the monthly lead from DraftKings. The Michigan Gaming Control Board released its October sports betting figures earlier this week, with the Motor State continuing to benefit from a busy…
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Illinois Gaming Board Record October

Illinois Gaming Board Record October

The NFL is king in the U.S. as sports gamblers have flocked to place every manner of wager on the league's games, players, and futures, and according to a monthly report from the Illinois Gaming Board, that's led to a record October handle in that state, good news all around. Here's how those Illinois numbers break down according to Focus Gaming…
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