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Illinois Sports Betting Handle Reaches $114 Million

Written by:
Mary Montgomery
Published on:
Oct/07/2020

The Illinois sports betting handle continues to improve month after month, and in September we saw the total sports betting handle for the month is $114 million. This is 166.7% higher than July’s $52.5 million. Out of the $140 million, almost $124 million comes from mobile or online sports betting.

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Looking at revenue, we are seeing a gross revenue of $7.2 million for August. The state collected $1.2 million in taxes. Now, when looking at what people were betting on, we are seeing majority of the wagers on professional sports. Only $120,000 was spent in wagers on college sports. Meanwhile, motor sports accounts for around $130,000.

Local bookies can take advantage through the use of Pay Per Head software solutions.  That's because Illinois licensed sportsbooks will not be able to take bets on in-state schools for college basketball.

More importantly perhaps, registration at the licensed online sportsbooks needs to be done in person after October 17.

- Mary Montgomery, Gambling911.com

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