Illinois Sports Betting Remains No.2 Despite Return to In-Person Registration

Spread the Word:

Despite returning to in-person registration, Illinois posted more than $500 million in May handle to maintain its second position in the US sports betting. New Jersey is the top market handle-wise.

According to numbers released Tuesday by the Illinois Gaming Board (IGB), the state’s sportsbooks reported $507.3 million in May handle, representing a 5.6% decline from April’s $537.2 million.

The month of May marked the fifth-straight month for the Prairie State’s sportsbooks to report more than $500 million in handle. However, its $507.3 million handle was the lowest since December, when the state’s sportsbook saw nearly $491.7 million in bets.

Illinois is the 10th state to report a handle decline in May, the second straight month for Illinois sports betting as the second-largest market.

Mobile handle accounted for 95.1% of the total handle in May, slightly down from April’s 95.5%.

Revenue Details

Illinois sports betting revenue also dipped to $36.2 million, down nearly 17% from April’s $43.6 million, according to the IGB. The hold average for May was 7.1% compared to April’s 8.1%.

The Prairie State drew $5.9 million in taxes, bringing the total tax revenue to $53.3 million since Illinois sports betting launched in March 2020.

Cook County – the state’s largest county by population – raised $419,670 in taxes from almost $21 million in adjusted gross revenue (AGR) on bets placed within the county. The county has reported nearly $2.4 million in tax revenue from sports betting in 2021.

Illinois, Second-Largest Market Again

It is surprising that Illinois sports betting remained almost unaffected by the return of in-person sports betting requirements in April, which was the first time the state became the No. 2 market nationally.

The month of May repeated the trend, which saw New Jersey sports betting leading with $814.27 million in handle, leaving the second spot for the Illinois market, thanks to its $507.3 million.

Nevada sports betting was the third with $477.2 million for the same period, while Pennsylvania’s market reported $447.4 million in total handle in May.

Michigan, a new market that went live in January, took in nearly $258 million in total sports bets in May, while Indiana’s sportsbooks reported $254 million in handle. It was a few million more than Colorado sports betting, which took in nearly $249 million in handle.

DraftKings Ruled Illinois Market in May

DraftKings took in $166.2 million – or 34.5% of online handle share – to lead Illinois sports betting in May. However, the rival FanDuel, which led the market in April, reported $155.6 million – or 32.2% of the online handle.

BetRivers was a distant third with 15.9% of digital handle share – or $76.7 million.

The duopoly of the giant operators rendered the fourth position to Barstool Sportsbook, with just $38.2 million in the mobile handle, with PointsBet chasing with $37.4 million.

Though the New York-based operator could not retain its top position in May, FanDuel generated more than half of all digital operator revenue for the month, totaling more than $19 million. Of parlay wagering, which attracted $110 million worth of bets, FanDuel accounted for almost half at $54.4 million.

Boston-based DraftKings reported $6.5 million in revenue, down 43% it reported in April.

Meanwhile, BetRivers generated nearly $4.7 million in operator revenue, down 34.5% from April’s $7.1 million.

In-Person Registration Returns to Illinois Market

May also marked the first full month without remote registration in the Prairie State. Through much of the pandemic that began to hit the US sports betting since last March, Gov. JB Pritzker had suspended the requirement that new bettors register in-person at a physical sportsbook’s casino partner in the state.

That temporary relief was withdrawn in early April, leaving industry analysts to speculate gloomy scenarios.

Mobile handle for May was $482.6 million, dipping 6% from April’s $513 million. Despite a slight decline, the mobile handle still accounted for 95% of the total Illinois sports betting handle reported in May.

Related News

Chicago skyline
August 7, 2021

Illinois Sports Betting Touches Highest-Ever Revenue Despite Dip in June Handle

Despite posting the lowest handle this year, and slipping to the third position in US sports betting, Illinois touched the highest revenue with $47.5 million in June. The state’s sportsbooks […]

read more
October 22, 2020

Illinois Casino Revenue Drops 30% in 2020

Illinois casinos have reportedly seen a drastic revenue drop of 30% in 2020 compared to the last fiscal year. The sudden plunge in revenue over the past eight months was […]

read more
Poker chips
March 5, 2021

Illinois Online Casino Bill Sent to Rules Committee

An online casino bill that was filed in late February seeking to legalize iGaming options in Illinois has been assigned to the Rules Committee. If it is passed, the Internet […]

read more
Illinois March handle
June 7, 2021

Illinois House Approves ‘Limited’ In-State College Sports Betting

Illinois lawmakers approved Tuesday in-state college betting, allowing residents pregame bets at the retail sports betting locations. The state’s House sat overtime to pass Senate Bill 521 with a few […]

read more
January 20, 2020

Illinois Charitable Gaming Laws

Illinois Bingo Law (230 ILCS 25/) Bingo License and Tax Act. Sec. 1. The Department of Revenue shall, upon application therefor on forms prescribed by the Department, and upon the […]

read more
August 16, 2020

DraftKings Launches Its Illinois Sportsbook

DraftKings has launched its sportsbook operations in the state of Illinois, becoming the second online app in the state, after BetRivers. The sportsbook launch includes both retail and online via […]

read more
Chicago
June 14, 2021

Illinois Becomes Second-Highest Sports Betting Market in US

Illinois sports betting went against all odds – including the return to in-person registration requirement – in April to become the second-largest market in the United States. According to the […]

read more
Chicago
May 5, 2021

Illinois Committee Discusses In-Person Registration, College Betting

Various issues including in-person registration and in-state college betting were discussed during Wednesday’s Illinois Executive Committee hearing.  The state representatives asked the questions regarding the topics as supporters and opponents […]

read more
Grand Sierra Resort games room
November 22, 2020

Illinois Casinos Ordered to Shutdown Beginning November 20

Governor J.B. Pritzker has announced the complete shutdown of 10 casinos across the state of Illinois amid the surge in coronavirus cases. The executive order came through a news conference […]

read more
Chicago
May 14, 2021

Illinois Sports Betting Posts Record $633.6M in March Handle

Illinois sports betting finally topped the $600 million handle mark, thanks to March Madness, an additional sportsbook, and mobile registration. The Prairie State is the last one to report its […]

read more
June 11, 2019

Lawmakers in Illinois Send Sports Betting Bill to Governor’s Desk

After taking their sports betting debate into overtime, the Illinois General Assembly finally approved a massive gambling expansion package last Sunday. Deliberating on the final day of what was already […]

read more
Chicago
January 31, 2021

Illinois Becomes 4th Largest Sports Betting Market in November

Illinois broke another sports betting record in November by posting $450 million in handle to become the fourth-largest market in the US. The top three national leaders for the month […]

read more

Stay Updated & Receive Exclusive Offers

Be the first to know when new states legalize online gambling and gain access to exclusive casino and sports betting promotional offers.