- Casino
- By State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- Georgia
- Florida
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Massachusetts
- Maryland
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
- By State
- Slots
- Poker
- Sports
- Esports
Sports Betting Handle in Illinois Hits $507.3M in May
In May, the sports betting handle in Illinois reached $507.3 million, according to data released by the Illinois Gaming Board. Although the result marks a small decrease compared to April, May is the fifth consecutive month with a sports betting handle above $500 million.
Illinois Records $507.3M in Sports Betting Handle for May
In-person sports wagering in Illinois launched on March 9 last year. However, because of the COVID-19 pandemic, the activity was suspended after a week. That lasted for a few months until June 18, 2020, when online wagering on sports in the state started. Furthermore, Illinois resumed in-person wagering in July last year.
Despite the COVID-related restrictions and decreased revenues due to the pandemic, sports wagering handle in Illinois has been growing this year. In fact, the sports betting handle in May has reached $507.3 million, according to Illinois Gaming Board data.
Strong Results since the Start of 2021
Back in March, Illinois’ sports betting handle skyrocketed to $633.6 million. In April, it decreased slightly to $537.2 million. This means that the $507.3 million in May represent a 5.6% decrease in sports betting handle when compared to April. The results from May mark the second consecutive month in sports betting handle decline. However, looking at the bigger picture, we see that May is the fifth consecutive month with a sports betting handle of more than $500 million.
Focusing on sports betting revenue, it hit $36.2 million in May. This marks a 16.9% decrease when compared to April when sports betting revenue in Illinois hit $43.6 million. Considering that the revenue decreased slightly in May, so did the tax proceedings. In May, Illinois received $5.4 million in tax proceedings from sports wagering. So far, the state has received more than $31 million in taxes from the activity from the start of the year.
Retail Sports Betting Handle in May Increases
The breakdown of the total sports betting handle of $507.3 million shows that retail revenue handle was $24.7 million, while the mobile handle hit $482.6 million in May. Comparing the retail sports betting handle, there was an increase by 3.3% from the $23.9 million raised in April. On the other hand, the mobile sports betting handle in May marks a decrease of 6% when compared to April.
According to a further breakdown of the sports betting handle released by Play Illinois, DraftKings hit the highest online handle in May with $166,227,839. Second in line was FanDuel, with $155,574,427 in online sports betting handle, while BetRivers came in third with $76,722,864.
On the other hand, retail sports betting handle looks differently. In May, Rivers casino recorded $12.2 million in sports betting retail handle, while Casino Queen was responsible for $3.8 million. Third, in line was Argosy casino with $2.6 million in sports betting retail handle.
Related Topics:
Jerome brings a wealth of journalistic experience within the iGaming sector. His interest in the industry began after graduating from college, where he regularly participated in local poker tournaments. This exposure led him to the growing popularity of online poker and casino rooms. Jerome now channels all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.
Must Read
Industry
February 13, 2025
Trump Nominates Kalshi Board Member Brian Quintenz as CFTC Chair
Industry
February 14, 2025
Casino General Managers in Las Vegas Closer to Licensing Approval
Industry
February 13, 2025
Nine Operators Get Cease-and-Desist Orders in Michigan
More Articles
Lottery
February 19, 2025
Jackpocket Player Wins $83.5M Lotto Texas Jackpot
Industry
February 19, 2025
Hard Rock Casino Rockford Slot Attendants Join Teamsters
Industry
February 19, 2025
Maniscalco Expands Record-Breaking Tour with Atlantic City Shows
Casino
February 19, 2025
Fontainebleau Las Vegas Rolls Out Limited-Time Tier Match
Industry
February 19, 2025
Lawmakers Renew Effort to Scrap Sports Betting Excise Tax
Industry
February 19, 2025
Nevada Bill Aims to Stop Fake Ghost Kitchens on Food Delivery Apps
Sports
February 19, 2025
Israeli Soccer League Hit by Big Match-Fixing Scandal
Casino
February 18, 2025
Sault Tribe Casinos Still Recovering from Hacker Attack
Business
February 18, 2025
Light & Wonder to Acquire Grover Charitable Gaming in a $850M Deal
Business
February 18, 2025
Gentoo Media Publishes Strong Q4 as Business Keeps Momentum
Industry
February 18, 2025
North Carolina: 58% of Residents Favor Casinos on Non-Native Lands
Industry
February 18, 2025
Indiana’s iGaming Efforts Stall as HB 1432 Fails to Make Progress
Industry
February 18, 2025
PA Gambler Fails to Collect $57K Jackpot Due to Self-Exclusion
Legal
February 18, 2025
Former Texas Lottery Boss Accused of Rigging $95M Jackpot