Illinois sports betting handle hits $596.5m in September

Illinois is the latest state to post its sports wagering figures for the month of September.

According to the latest figures from the Illinois Gaming Board (IGB), bettors in the state wagered $596.5m on sporting events in September.

September’s sports betting handle was up significantly from the $400.4m wagered in August. Although September’s handle did not pass the state’s all-time high figure of $633.6m that was set in March, the latest figure is the second-highest handle figure from Illinois to date.

Illinois’ sportsbooks managed to generate just under $40m in adjusted revenue for September. This marked a significant increase on the $26.9m generated in August.

The state received just under $6m in tax revenue in September, bringing the state’s total tax revenue for the year to $53.9m.

Illinois passes $6bn handle mark

With September’s sports betting figures, Illinois has become the fourth state with legal betting to pass the $6bn mark in total sports betting handle. 

Illinois now joins the likes of New Jersey, Nevada, and Pennsylvania which have also passed the $6bn handle mark.

The state of Illinois was also one of four states to post their second-highest single month handle figure in September.

How the operators performed

DraftKings was the only online sportsbook to see handle pass the $200m mark in September.

According to the figures, DraftKings took $231m in wagers, representing 40.8% of the state’s total handle from online sports betting in September. Although DraftKings took the top spot for handle, revenue fell to $6.6m in September.

FanDuel followed in second place with $154m in bets or 27.2% of market share. On these bets, FanDuel managed to generate more than $16.7m in revenue to take the top spot as the highest-earning mobile sportsbook for the month.

BetRivers followed in third place for handle with $86.6m in bets, or 15.3% of total online handle. The operator managed to generate $7.3m in revenue, becoming the second-highest earning operator in September.

How the others performed

Barstool followed in fourth place with $44.9m in bets beating out PointsBet which took $41.6m in bets. Caesars followed in a distant sixth place with $8.1m in bets for the month.

Barstool managed to generate $3.6m in bets while PointsBet held onto $3.1m and Caesars generated $269,303.

Sports betting in Illinois

After legalizing sports betting in 2019, the market first went live in March 2020 with Rivers Casino Des Plaines taking the first legal bets. Online sports betting then went live in the Summer of 2020.

Under the state’s legislation, online betting accounts had to be registered in person at one of the state’s casino sportsbooks. 

During the early days of the coronavirus pandemic, the state permitted remote registration for online betting, however, the original rules were reinstated in April 2021.

Last month, the state legislature approved the passage of HB 3136, a bill that will allow consumers to register online sports betting accounts remotely.