Illinois Helps US Sports Betting Revenue To New Monthly High

Written By Brad Allen on February 3, 2021 - Last Updated on April 29, 2022
Illinois sports betting

Illinois finally delivered its sports betting figures for November 2020 with the state pushing monthly US revenues above $300 million for the first time.

IL sports betting revenue came in at $37 million, down around 12% month-on month. The decline was due largely to hold rate, which was 8.2% in November compared to 10% in October.

The Land of Lincoln was the last in the US to report November figures, meaning we now know nationwide sports betting GGR was $308 million; up from $291 million in October. That’s the first single month above $300 million.

Strong handle for Illinois sports betting

Illinois sports betting handle came in $449 million in November, another all time high for the state. That was mirrored in the national picture as US legal sports betting handle in November was around $3.46 billion. That was another new high, above the $3.43 billion in October.

Illinois was the fourth largest state by handle in November, behind:

  • New Jersey
  • Pennsylvania
  • Nevada
US states sports betting handle (LSR data viz)

Who is the IL sports betting market leader?

Among Illinois online sportsbooks, FanDuel led the way with $13.3 million in revenues, good for a 37% market share.

There was a tight battle for second, with DraftKings beating out BetRivers at 29% share versus 27%. That order was a reversal from October when Rivers led both DraftKings and FanDuel.

The top three were followed by PointsBet and William Hill with 4% and 3%, respectively.

What about the handle?

Handle told a slightly different story, with DraftKings leading the market ahead of BetRivers, followed by FanDuel.

PointsBet was at 5.9% of handle, down from 14.5% in October, potentially indicating the volatility of relying on high-staking customers.

The state made $6.2 million in taxes.

What were people in Illinois betting on?

As expected, football was the most popular sport to bet on with a little over half of total handle.

Here’s the full list of sports by handle: 

  • Football: $256 million
  • Parlays: $81 million
  • Soccer: $50 million
  • Basketball: $28 million
  • Tennis: $18 million
  • Golf: $10 million
  • Boxing/MMA: $5 million
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Brad Allen

Brad has been covering the online gambling industry in Europe and the US for more than four years, most recently as the news editor at EGR Global.

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