Illinois sports betting revenue reaches record in November

Even though sports betting handle slipped slightly during the month, gross gaming revenue for Illinois sports wagering reached an all-time high of $79.3m.

US.-  The Illinois Gaming Board has released its November report of sports betting figures which show the state registered record numbers in revenue, reaching $79.3m, up 93.4 per cent year-on-year and surpassing by 50.8 per cent the previous record of $52.6m set in October 2021.

Sports betting handle, however, was 7.2 per cent lower than the October record ($840.4m). Players wagered $779.8m on sports during November, up 72.9 per cent compared with November 2020 figures ($451m). 

The report showed that $745.8m was wagered online, with the remaining $33.9m staked at retail sportsbooks across the state.

Players spent $593m betting on professional sports during the month, as well as $186.6m on college sports and a further $290,913 on motor racing events.

Adjusted gross revenue for November amounted to $79.3m. Online betting revenue amounted to $74.3m while retail revenue reached $5m.

Fairmount Park, which is partnered with FanDuel, remained the market leader by some margin with $30.3m ahead of DraftKings partner Casino Queen on $22.2m. Rush Street Interactive and Rush Street Entertainment’s Midwest Gaming joint venture followed in third with revenue of $13.8m.

Illinois is third in terms of wagering and revenue in November, trailing New Jersey ($114.8m in revenue on $1.3bn in wagering) and Nevada ($1.1bn handle and $72m in revenue) in handle and New Jersey and Pennsylvania ($761.6m handle and $84.9m in revenue) in revenue.

See also: Illinois sports betting handle reaches $840m record in October