Illinois sports betting has a big September
Send a link to a friend
[November 16, 2021]
By Kevin Bessler
(The Center Square) – Sports betting in
Illinois roared back to life in September after a pedestrian summer and
pushed the nationwide handle past $5 billion for the month.
It is the first time in history the country has reached that number.
Illinois sportsbooks reported just over $596 million in handle, good for
the second-best month ever behind last March.
It would be hard to find a state where football is not king in
September, and Illinois is no exception. Football accounted for over
$230 million in handle.
“You also gets sports like NBA and college basketball, which may not be
as popular to bet on as the NFL and college football but there are so
many games and the volume ends up adding to the handle of each state
every month including Illinois,” said Joe Boozell, lead analyst for
PlayIllinois.com.
Sports betting revenue in Illinois hit $44.6 million for a 7.5% hold.
Operators paid $6.5 million in state and local taxes.
[to top of second column]
|
Football was expected to bring records in many of the
28 states and Washington D.C. that allowed legal sports betting in
some form in September, including Arizona, Connecticut, Louisiana,
South Dakota and Wyoming, which all launched that month.
Illinois had the third largest betting handle in the country in
September, behind only New Jersey and Nevada.
If Gov. J.B. Pritzker signs off, mobile sports betting registration
will resume March 5. Pritzker suspended in-person registration for
months during the COVID-19 pandemic, but ended that suspension in
April.
“Because of March Madness and also people being able to register
online once again, I think March will easily set a state record here
in Illinois,” Boozell said. |