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Analyst David Briggs from PlayIllinois.com said although the
numbers were down, they were actually higher than the same time
last year.
“Illinois was way up over June from 2022, up 41% in revenue, up
15% in handle, up 45% in taxes,” Briggs said.
Sports betting produced nearly $9 million in tax revenue in
June.
Briggs said the drop in sports betting handle can be attributed
to the fact that there are more sporting events in the month of
May.
“You still had the NBA playoffs, the NHL playoffs, and some
other sports still kicking that would have drawn some of the
betting interest but once you get into June, July and August,
you’re looking at baseball, a little bit of golf and not a lot
else,” Briggs said.
Illinois finished behind only New York in the amount of money
wagered by sports bettors in June.
The top three online sports betting operators were DraftKings,
FanDuel and BetRivers. Two more outlets, Circa Sportsbook and
Hard Rock Bet are expected to launch in September, just in time
for the NFL season.
Since its inception in March 2020, Illinois sports bettors have
wagered nearly $24.1 billion. As a result, the state of Illinois
has taken in $312.2 million in tax revenue.
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