Illinois sports betting handle hits new record

Illinois became the fourth highest grossing state with legal sports betting during December.
Illinois became the fourth highest grossing state with legal sports betting during December.

The state’s gaming board has reported more than $491.7m wagered on events in December 2020.

US.- The state of Illinois set a new state record in December with bettors wagering $491.7m on sports, up 9.5 per cent from November.

With casinos closed due to Covid-19 pandemic, the handle was generated through mobile wagering.

Sportsbooks generated $28.4m in revenue, down from $37m in November as the win rate plunged from 9.1 per cent to 4.86 per cent.

For the full-year 2020, Illinois sportsbooks took $1.9bn in bets and generated $125.5m in taxable revenue.

The total US sports betting handle for December hit $3.77bn, up from $3.46bn in November. It was the third straight month the national handle topped $3.2bn.

Sports betting is now legal in 19 states in the US. New Jersey saw the largest handle in December at US$996.3m

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