Illinois betting handle grows 42.4% in October

| By Robin Harrison
Illinois’ sports betting market grew once again in October, with amounts wagered up 42.4% month-over-month to $434.6m, and revenue jumped to $42.2m as the vertical’s rapid growth in the state continued.
Illinois records revenue and handle decrease for July

The vast majority of bets were placed online, with betting on professional sports made up $335.8m of the channel’s handle. A further $73.8m was staked on collegiate sports online, while $237,108 was bet on motorsports. 

Retail handle, at a time when access to land-based gaming remains significantly limited as a result of novel coronavirus (Covid-19) restrictions, lagged behind.

In-person bettors staked $19.9m on professional sports, then a further $4.9m on collegiate sports, and $18,581 on motorsports. 

For the first time since the market went live, Rush Street was replaced as the main driver of customer activity by DraftKings, which handled $141.4m in stakes in October, generating taxable revenue of $11.5m. 

Rush Street’s Kambi-powered sportsbook fell back to second place in terms of stakes, at $115.5m, though continued to lead the market in revenue on $12.9m for the month. 

FanDuel, partnered with Boyd Gaming’s Par-A-Dice, followed in third with amounts wagered totalling $105.3m, and revenue coming to $11.1m.

Read the full story on iGB North America.

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