Breaking: Illinois sports betting revenue skyrockets to all-time high of $79.3m in November

2 Min Read

In November, players in Illinois wagered a total of $779.8m on sports, which is a significant increase of 72.9% compared to the same month in 2020. However, it was 7.2% lower than the record amount of $840.4m bet in October 2021.

Out of the total amount wagered, $745.8m was bet online, while $33.9m was staked at retail sportsbooks across the state.

When it comes to the breakdown of sports betting, players spent $593.0m on professional sports, $186.6m on college sports, and $290,913 on motor racing events.

Illinois categorizes its wagers into two tiers. Tier one bets, which include wagers on final match results, reached $466.4m in November. On the other hand, tier two wagers, such as prop bets or over/unders, attracted a total of $313.4m in wagers for the month.

Looking at the revenue, the adjusted gross revenue for November amounted to $79.3m, marking a significant 93.4% increase compared to the previous year. This comfortably surpassed the previous record set in October 2021 by 50.8%, reaching $52.6m.

Of the total revenue, online betting revenue accounted for $74.3m, while retail revenue reached $5.0m.

Among the market leaders, Fairmount Park, partnered with FanDuel, secured the top spot with $30.3m in revenue. Casino Queen, partnered with DraftKings, followed with $22.2m. Rush Street Interactive and Rush Street Entertainment’s Midwest Gaming joint venture ranked third, generating $13.8m in revenue.

Share This Article
Livia Hinton is a distinguished writer with an avid interest in the gambling and online gaming sectors. With over a decade of experience, Livia has become a respected authority, known for her comprehensive coverage of casinos, sports betting, poker, and the rapidly evolving world of online gambling. Her writing is characterized by meticulous research, clear explanations, and an engaging style that appeals to both novice and seasoned gamblers. Livia's articles are valued for their in-depth reviews, strategic insights, and up-to-date industry trends, providing readers with the knowledge they need to make informed decisions and enhance their gaming experiences.
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version