Illinois sports betting sets new record in October, exceeds $1B in monthly handle for the first time

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 $16.4 million in state and local tax revenues has been generated. Illinois is now the fourth state in US history to produce a billion-dollar monthly handle from sports wagerings. The others are Nevada, New Jersey, and New York. Since it was legalized in 2019, nearly $ 16.6 billion have been wagered at sportsbooks across the State.