FanDuel Sportsbook Remains Top Operator In Illinois

Written By Nicholaus Garcia on March 15, 2023
January 2023 Revenue Illinois Sports Betting

For the fourth straight month, Illinois sports betting generated over $1 billion in handle, according to the Illinois Gaming Board (IGB).

New figures released by the IGB show more than $1.07 billion was gambled through IL sports betting apps. That’s up 4% from the previous record of $1.03 billion in November.

Over the last four months:

  • January: $1.07 billion
  • December: $1.029 billion
  • November: $1.03 billion
  • October: $1 billion

Illinois is just the fourth state to post four consecutive billion-dollar handle months. The others are New York, New Jersey and Nevada.

Illinois sports betting up year-over-year

Compared to January 2022, when sportsbooks generated over $867 million, IL sports betting handle is up 23%. A contributing factor was the change in legislation allowing residents to sign-up for online sportsbooks from anywhere in the state. 

Although sports betting handles over the past four months have hovered around $1 billion, it is up 29% from September ($831.8 million) and 89% better than August ($565 million).

Lifetime sports betting handle:

  1. New Jersey — almost $35 billion
  2. Nevada — nearly $30.5 billion
  3. Illinois — over $19.7 billion
  4. Pennsylvania — over $19.6 billion
  5. New York — nearly $18.5 billion

Illinois enters top three for US sports betting revenue 

For January, Illinois ranks third in terms of gross gaming revenue, with just over $88.5 million

Newcomer Ohio, which launched sports betting on Jan. 1, led the nation with over $209 million. New York, with $150 million in revenue and New Jersey, with $72 million, rounded out the top four. 

Top-four sports betting revenue (January):

  • Ohio: $209 million
  • New York: $150 million
  • Illinois: $88.5 million
  • New Jersey: $72 million

In terms of overall revenue for 2022, Illinois was second with $806 million. New York checked in at No.1 with $1.4 billion, and New Jersey secured the third spot with $763 million. 

Lifetime sports betting revenue ranking (through January 2023):

  1. New Jersey — nearly $2.5 billion
  2. Nevada — over $1.7 billion
  3. Illinois — over $1.568 billion
  4. New York — over $1.55 billion
  5. Pennsylvania — over $1.54 billion

Top operator and tax revenue numbers

In January, Illinois sportsbooks produced total tax revenue of $15.4 million, up from the $13 million collected in December. Lifetime, sports betting in Illinois has generated almost $248 million in tax revenue since launching in June 2019. 

As for the top operator, the FanDuel Sportsbook generated $373 million in sports betting handle for January. As a result, the sportsbook at Fairmount Park collected $43.7 million in revenue. 

The DraftKings Sportsbook at Casino Queen in East St. Louis came in second with $336 million in handle and $23.8 million in revenue. 

Top five IL sports betting operators by handle:

  • FanDuel: $373,531,524
  • DraftKings: $336,933,843
  • BetRivers: $110,376,255
  • PointsBet: $76,414,318
  • Caesars: $59,037,622
Photo by PlayUSA
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Nicholaus Garcia

Nick Garcia is a senior reporter for PlayUSA. Garcia provides analysis and in-depth coverage of the gambling industry with a key focus on online casinos, sports betting and financial markets. Garcia has been covering the US gambling market since 2017. He attended Texas Tech University as an undergrad and received a Master of Arts in Journalism from Columbia College Chicago.

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