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Illinois Sets New Monthly Sports Betting Revenue High
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<br>The return of the NFL sparked a new record for adjusted gross revenue and the best wagering September that Land of Lincoln sports betting has ever seen.<br> <br><br>The Illinois Gaming Board reported that online and retail sportsbooks to haul in $136.4 million in the first month of the football season, [http://garfieldeggs.com.au/2025/11/12/the-bet-naija-promotional-code-this-2026-is-yohaig/ beating] out January’s $135.2 million for the highest profits ever.<br> <br><br>Because of more operator-friendly outcomes in [https://www.ekasibookings.co.za/author/celinap8592804/ college] and NFL compared to September 2023, adjusted gross revenue increased by 58.2% year-over-year.<br><br><br>The September handle of $1.31 billion jumped 21.3% from September 2023, which was the first football kick-off month to reach $1 billion last year. The amount [https://weplex-heatexchanger.com/blog/etude-cas/optimiser-sa-papeterie-grace-a-lechangeur-weplex/ wagered] came close to the all-time mark of $1.38 billion set in November 2023, and the latest amount wagered reached $1 billion for the sixth month in 2024.<br><br><br>The 10.4% hold on all sports wagers was the first double-digit [https://metazoowiki.com/index.php/User:Marsha2653 win rate] since June in the Land of [https://guiacomercialsaopaulo.com/author/karinandc67/ Lincoln]. Handle jumped 50% compared to August while revenue rose 130% month-over-month.<br><br><br>Tax rate taking effect<br><br><br>Behind a new tax rate that went into effect in July, Illinois filled its coffers with a whopping $37.3 million, nearly $24 million more than in August. Cook County, which encompasses the Chicago area, hauled in $1.3 million from sports betting [http://gondviseles.hu/just-a-simple-post/ operators].<br><br><br>This time last year, the Land of [https://menucadde.tasocakfirin.com/blog/wool-jackets Lincoln brought] in a total of $12.9 million in tax revenue, so Gov. JB Pritzker’s plan to [https://88digitalco.com/recession-v-s-digital-marketing/ generate] more money for the state through a tiered system is working.<br><br><br>The rates start at 20% on revenue of $30 million or less and increase 5% each level to 40% on adjusted revenue of $200 million or more.<br><br><br>Online operators flourish<br><br><br>[https://cac5.altervista.org/index.php?title=Utente:Carissa0136 Online Illinois] sports [https://www.liveactionzone.com/@indirawaring14?page=about betting generated] $132.6 million of the record revenue in September.<br><br><br>[https://opzijnbest.nl/contact.php?page=&mtype=partner FanDuel led] the way with $53.7 million but [https://code.stephenscity.gov/index.php/User:JillianFaulding finished] second in mobile handle behind DraftKings, which generated $494.4 million of bets for the month. FanDuel’s hold of 13.3% [http://39.96.211.1183000/lylej626568479/the-bet9ja-promotion-code-for-2026-is-yohaig/wiki/The-Bet9ja-promo-code-for-2026-is-YOHAIG outpaced] DraftKings’ win rate by nearly four points.<br><br><br>Fanatics Sportsbook continued its success with another record-setting month in the Land of Lincoln. The [https://africanadians.com/author/gidget29v6246/ online operator] set highs with a handle of $95.4 million and adjusted revenue of $10.6 million.<br><br><br>BetMGM took in just a little over $1 million more than BetRivers, which enjoyed a 12.5% hold to produce better [https://socialink.it/c2dre revenue] of $8.8 million. Caesars was the only other operator to reach $50 million in wagers during September.<br><br><br>Newcomer Hard Rock Bet generated a $15.8 million handle and produced $1.5 million in revenue during September, its first full month operating in Illinois.<br><br><br>Football dominates<br><br><br>[https://maxmeta.io/index.php/User:AndreasParkhill Football unsurprisingly] led all [https://www.etymologiewebsite.nl/wiki/Gebruiker:ElmaBeaurepaire single sports] in wagers during September. The NFL and college football combined to [https://musicplayer.hu/gildamccain16 generate] $446.6 million, about 36% of all betting. Parlays, which certainly [https://www.meetgr.com/@kjmlanora81859 featured plenty] of football legs, accounted for $396 million of the total handle.<br><br><br>Baseball, which featured the end of the regular season in September, took in $160.3 million for the month while "other" sports generated $91.7 million. Tennis rounded out the top five with a handle of $90 million.<br>
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