Illinois sportsbooks recorded $821.7 million in total bets (betting handle) in May, according to data released by Illinois Gaming Board. The figure is an 8.5% monthly decrease from April’s $898.6 million. However, May’s betting handle is a 7.5% year-over-year increase compared to the $764.5 million gambled in May 2022.
When it comes to revenue, Illinois sportsbooks exceeded $91.5 million. The figure represents a 40% year-over-year increase from the $65 million generated in May last year. The number also shows a 12.7% monthly increase compared to April’s $81.3 million.
Illinois has the second-highest handle and revenue for May in the nation
As the Illinois Gaming Board has shown, Illinois sportsbooks handle and revenue ranked second in the US for May.
Once again, Illinois came after New York, which collected over $1.36 billion in total bets and more than $1.52 million in revenue.
New Jersey was third with almost $778.9 million in total sports betting handle and $82.2 million in revenue. Here’s a bigger picture:
May 2023 sports betting handle:
- New York: $1.36 billion
- Illinois: $821.7 million
- New Jersey: $778.85 million
- Nevada: $527.21 million
- Pennsylvania: $495.59 million
May 2023 sports betting revenue:
- New York: $152.64 million
- Illinois: $91.5 million
- New Jersey: $82.17 million
- Massachusetts: $62.07 million
- Ohio: $57.95 million
In terms of taxes collected throughout the month, Illinois came third with $14.4 million, after New York ($77.5 million) and Pennsylvania ($14.8 million).
FanDuel continues to dominate Illinois online sports betting scene
Fairmount Park and its online brand FanDuel led the way with $290 million in completed events handle. The operator generated $36.97 million in revenue last month.
The runner-up was DraftKings and its licensee Casino Queen in East St. Louis. The operator collected $27.3 million in revenue from a little over a $262 million handle.
BetRivers (Rivers Des Plaines) was third, with a $75.7 million betting handle and nearly $9.3 million in revenue.
Caesars (Grand Victoria) was next, with a handle of $65.8 million and $4.5 million in revenue.
BetMGM (Par-A-Dice) followed with $4.6 million in revenue from $48.1 million in accepted wagers, leaving PointsBet and Barstool behind.