Illinois sports bettors wagered a record $1.07 billion at the seven legal Prairie State sportsbooks, according to an Illinois Gaming Board report published Tuesday. The January totals are the 4th consecutive month Illinois sportsbook operators handled at least $1 billion in bets.
FanDuel Tops the Mobile Betting Markets
The NYC-based sportsbook operator was the top choice for Prairie State mobile sports bettors looking for online betting action. Fanduel Illinois took in $371.6 million in wagers and pocketed $46.4 million in revenue from Illinois gamblers.
|
Operator |
Handle |
Revenue |
|---|---|---|
|
FanDuel |
$371.6 million |
$46.4 million |
|
DraftKings |
$339.4 million |
$24.9 million |
|
BetRivers |
$96.6 million |
$24.5 million |
|
PointsBet |
$72.7 million |
$4.6 million |
|
Caesars |
$57.6 million |
$2.3 million |
Parlays Are King
Parlays are the king of sports betting wagers in Illinois as Prairie State bettors staked $20,158,365.00 worth of parlays, round-robins, SGP, teasers, and other promotional gimmicks like premade parlays.
FanDuel topped Prairie State bookmakers with a whopping 21.4% hold and nearly $29 million from the “dollar and a dream” rainbow chasers.
|
Operator |
Handle |
Revenue |
Hold Rate |
|---|---|---|---|
|
FanDuel |
$134.58 million |
$28.91 million |
21.48% |
|
DraftKings |
$88.77 million |
$13.26 million |
14.94% |
|
BetRivers |
$24.46 million |
$3.54 million |
14.47% |
|
PointsBet |
$16.9 million |
$3.28 million |
19.4% |
|
BetMGM |
$10.92 million |
$1.09 million |
10.00% |
Top Five Sports Wagered in Illinois
Illinois sports bettors staked $4.5 million on NBA and College basketball games during January. Football took in $4.4 million on a limited schedule due to the playoffs, and the Australian Open was the likely reason for the nearly $1 million wagered on an international sport.
|
Sport |
Handle |
|---|---|
|
Basketball |
$4,565,051.00 |
|
Football |
$4,482,799.00 |
|
Tennis |
$765,417.00 |
|
Soccer |
$623,578.00 |
|
Hockey |
$588,589.00 |
Illinois Fourth All-Time in Post-PASPA Handle
Illinois sportsbook companies are closing in on New York, and the record January handle placed Illinois 4th since sports betting was legalized in Illinois June 18, 2020.
|
State |
Handle |
|---|---|
|
New Jersey |
$34.8 billion |
|
Nevada |
$30.4 billion |
|
New York |
$19.9 billion |
|
Illinois |
$19.7 billion |
|
Pennsylvania |
$19.6 billion |
Reasons for Optimism
The Illinois betting numbers are staggering. Still, thanks to these events, they could pale compared to what the sportsbooks could rake in over the coming months.
- Super Bowl LVII (February 9)
- NCAA March Madness (February 28-April 3)
- Indian Wells and Miami Open Tennis (March 8-April 2)
- MLB Spring Training Grapefruit and Cactus League (February 25-March 29)
- Masters Golf (April 6-9)
- NBA Playoffs (April 11-June 18)
- NHL Playoffs (April 15-June 14)
