HomeIllinois Sports Betting NewsIllinois Sportsbooks Take in $875.4 Million in February Betting Handle

Illinois Sportsbooks Take in $875.4 Million in February Betting Handle

Illinois sports bettors staked $875.4 million in February bets, and once Arizona announces its February numbers, the Prairie State sportsbook operators should end February as the second-most profitable betting state in the country.

Image: Shutterstock

Illinois became the fifth state to surpass $20 billion in sports betting handle (New York, New Jersey, Nevada, Pennsylvania) post-PASPA. The February tally likely will leave the Prairie State as No. 4 in the nation in total betting handle generated post the 2018 post-PASPA ruling.

Land of Lincoln state’s February betting handle was down 18.2% from January, ending a four-month streak of consecutive $1 billion-plus handles but remaining second in the US in betting handle in 2023.


Handle (Billions)

New York

$5.08 Billion (March)


$1.95 Billion (February)

New Jersey

$1.35 Billion (February)


$1.75 Billion (February)


$1.6 Billion (February)

Illinois State Tax Revenue on Record Pace

The state received $10.3 million in taxes, while Cook County netted nearly $704,000 from its 2% levy on the $35.2 million in adjusted gross revenue generated on wagers made within the county, which includes the city of Chicago.

The state has received $24.7 million in sports betting taxes through 2023, nearly $9.4 million ahead of last year’s pace.

Top Five Sports Wagered in Illinois

Basketball wagers drove the Illinois sports betting handle, and Prairie State sportsbooks took in nearly $4.6 million in NBA and college basketball wagers. Football betting was down dramatically from January, but likely due to just Super Bowl LVII to bet on.

Despite not having a Grand Slam event to bet on, tennis remained a strongly wagered sport, with soccer and hockey rounding out the top 5.














The seven Illinois sportsbooks companies made $42.02 million in revenue from parlay tickets in February. FanDuel led the way, taking in $104.2 million in parlay wagers, with $103.7 million wagered online through the FanDuel website or app.

DraftKings lagged behind their main rival, taking in $103,7 million in “dollar and a dream wagers”, followed by BetRivers ($18.8 million), PointsBet ($13.9 million), and Caesars ($8.2 million).

Reasons for Optimism

The Illinois sports betting numbers have continued to impress, and there are several reasons for optimism as we head into the summer months.

  • UEFA Champions League (Until June 23)
  • NBA Playoffs (April 11-June 18)
  • NHL Playoffs (April 15-June 14)
  • NFL Draft (April 27-29)
  • WNBA Season (May 19-September 10)
  • French Open (May 28-June 11)
  • Indy 500 (May 28)
  • NBA Draft (June 22)