Illinois Sets Brand-new Records For Monthly Sports Betting Handle, Revenue > 자유게시판

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The Illinois Gaming Board reported a November deal with of $1.53 billion, the most ever wagered for the 2nd successive month. Sports betting operator profits of $154.6 million likewise set a new month-to-month high and eclipsed the previous record of $137.2 million from September 2024.

Action in Illinois during a high-volume sports month that consisted of NFL, college football, NBA, NHL, and college basketball increased 11.3% year-over-year. Revenue leapt 112.6% from November 2023.

The 10.1% hold in November reached double digits for the fourth time in 2024 and nearly doubled the win rate from the very same month of the previous year.

Online sportsbooks accounted for $1.49 billion of the Land of Lincoln manage and produced a 10.1% hold while retail sports wagering operators generated $39.2 million in wagers and $3 million in earnings.

Illinois sports betting created $48.2 million in tax revenue, while Cook County got $1.5 million from sports wagering in the Chicago area.

Monthly improvement

Illinois operators rallied in November. With NFL favorites winning unprecedentedly during a stretch in October, year-over-year income fell by 27.8%.

Profits leapt 90% from October to November on a deal with enhancement of 6%. Sports wagering operators produced a 2.8% hold on and an 8.6% win rate on parlays, the lowest in more than four years.

In November, football accounted for $25.2 countless the total earnings, thanks to a 61% hold, while parlays reached an almost 20% win rate to make sportsbooks $93.7 million.

Big revenues

DraftKings set Illinois regular monthly records with a $527.1 million deal with and income of $57.3 million. FanDuel wasn't far behind with $512.4 million in wagers and $54.7 million in earnings, the most it has ever taken as an Illinois operator.

The 2 leading operators in the Illinois market both set earnings highs without producing double-digit holds.

Fanatics Sportsbook also set a brand-new mark for the online sportsbook with $11.4 million in earnings and ended up third with a manage of $118.7 million. BetRivers placed 4th with an $85.4 million manage while likewise increasing its revenue by 81% month-over-month.

BetMGM and Caesars were the only other sportsbooks to surpass $60 million in wagers and both saw month-over-month revenue boosts. ESPN BET created a November deal with of $54.1 million, a 20.4% reduction from October.

Hard Rock Bet took in $38.5 million in wagers while Circa Sports taped a $13.9 million manage. Both produced win rates below 7%.

Better than 2023

With one more month to report for 2024, Illinois is on rate to shatter the previous year's wagering numbers. The Land of Lincoln has actually currently exceeded $12.5 billion in wagers through November. That's nearly $1 billion more than all 12 months of 2023.