Illinois sports betting saw DraftKings accept the most online betting dollars in June.
With $228.7 million in online handle, DraftKings led the market for the first time since October 2022.
According to figures released last week by the Illinois Gaming Board, DraftKings received 35% of all online Illinois sports betting handle in June, its most significant share of online handle so far this year.
FanDuel claimed 34% of the online handle market with $221 million in June. While behind DraftKings in June, FanDuel finished with the highest monthly online handle in 14 of the last 18 months.
IL sports betting handle growth
June sports betting handle in Illinois, in-person and online, reached $665.7 million. It is a 6% increase over the same month last year ($628.4 million.)
Illinois sports bettors spent the second most of any state in June, trailing only New York and its $1.17 billion handle.
Four states in the top 10 of US sports betting handle in June produced year-over-year gains compared to June 2022.
State | June 2022 | June 2023 | Year-over-year increase |
---|---|---|---|
New York | $1.05 billion | $1.17 billion | +11% |
Illinois | $628.4 million | $665.7 million | +6% |
Virginia | $295.2 million | $325.4 million | +10% |
Maryland* | $19.1 million | $254.4 million | +1,231% |
*Maryland only offered in-person sports betting in June 2022. Online MD sports betting launched in November 2022.
Online sportsbook revenue rising as well
All IL sports betting apps produced year-over-year revenue gains in June except Barstool Sportsbook. FanDuel led the way with $21 million in revenue, good for 41% of the $50.6 million online total across all operators.
DraftKings generated 32% of the total, with monthly revenue near $16 million. Barstool produced $1.5 million in June revenue, an 8% drop from the same month last year ($1.63 million.)
PENN Entertainment, Barstool’s parent company, announced last week it plans to launch ESPN BET this fall. The Barstool Sportsbook brand will soon be no more in Illinois and other states where it is licensed to operate.
Illinois sports betting by the numbers
In-person and online sportsbooks in Illinois combined to generate $52.2 million in June revenue. It is a 28% increase over June 2022 ($40.9 million.)
Operators posted a 7.9% win rate, or hold, for the month, just below the market’s 8.2% average.
The state collected $8.8 million in sports betting taxes for June.